The Ontario Solar Photovoltaic Farm will be spread across four locations and will have a combined capacity of 42.5MW, Bloomberg reported.
Toronto-based private equity firm Fiera Axium invests across the energy, transportation and social infrastructure sub-sectors.
At the end of last year, it carried out an initial closing of Fiera Axium Infrastructure North America, an open-ended infrastructure fund, with commitments totalling C$200m ($190.39m).
The project will deploy panels produced by Hanwha in Ontario with construction expected to begin next month.
Last August, the Korean industrial group bought out Q Cells, which from its base in Germany had grown to come the world’s largest solar cell manufacturer.
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