Project Experience

Midgard Consulting Inc. has been commissioned by the Ontario Finance Authority (agency of the province of Ontario, Canada) to complete due diligence reviews of various renewable energy and transmission projects.  The purpose of the program is to assess the suitability of equity loan guarantees needed to facilitate equity participation by local Aboriginal communities in renewable generation projects.  The financial, business, and technical review and due diligence effort consists of reviewing contractual, financial and development documentation, Aboriginal participation agreements (e.g., partnerships/corporate structuring), energy forecasts and modelling, operating and maintenance forecasts, robustness and reliability of design, construction works, and other commercial conditions.  The list of projects evaluated under this program are:

• Alderville Solar Project (5 MW)
• Rainy River Solar Project (25 MW)
• Bow Lake Wind Project (60 MW)
• Goulais Bay Wind Project (25 MW)
• Grand Bend Wind Project (100 MW)
• Bruce to Milton Transmission Line (500 kV)
• Cochrane Solar Projects (4 projects)
• MNO Solar Projects (50 projects)
• Peter Sutherland Senior Generating Station Project (28 MW)
• Henvey Inlet Wind Project (300 MW)
• Belle River Wind Project (100 MW)
• East-West Tie Line Project
• Niagra Wind Project (230 MW)