To purchase land and set up 640$k in solar panels on the land. Total loan amount 700k. Using Ontario fit program as guarantee income.
Stage
Not Set
Industry
Other
Location
Peterborough, ON, Canada
Currency
CAD
Founded
May 2012
Employees
1
Company Summary
We work to captures solar energy and sells it back to the grid at a premium rate. The Ontario government are the customers and due to the steady increase in demand for hydro there is a guarantee rate for a period of 20 years.