Toronto—Bullfrog Power, Canada’s leading green energy provider, and the Local Initiative for Future Energy (LIFE) Co-op, a renewable energy co-operative, are partnering to bring new green energy to Ontario. Through its Bullfrog Builds Renewable Accelerator Program, Bullfrog Power will provide financing for the development of LIFE Co-op projects in Ontario that will generate clean, pollution-free solar power.
The partnership will be announced at LIFE’s upcoming Annual General Meeting. The meeting is open to the public and will be held on Saturday, November 30, 2013, from 10:00 a.m. to 12:00 p.m. at Erb Street Mennonite Church, 131 Erb St. West, Waterloo, Ontario.
“Bullfrog Builds was specifically created with opportunities like LIFE Co-op’s in mind,” said Ron Seftel, Senior Vice President, Operations, Bullfrog Power. “By providing financing to help get these green energy projects off the ground, we are showing that clean, pollution-free power can and should involve the communities that will benefit most from its development.”
LIFE is currently focused on developing 18 solar PV projects, built on private farms and businesses, which have now received contract offers under Ontario’s Feed-in Tariff (FIT) program. Located in Waterloo Region, and in Bruce, Huron, Dufferin and Wellington counties, the 18 projects represent over 3,000 kW of capacity, with the Co-op’s ownership equal to almost 1,000 kW. LIFE is also working on developing a number of new project applications under the FIT.
“Our partnership with Bullfrog Power is vital to helping us to develop the solar projects that we already have contracts for,” said Shane Mulligan, General Manager, LIFE Co-op. “Bullfrog Builds comes at a perfect time for LIFE Co-op as we look forward to continuing to enable community participation in Ontario’s renewable energy infrastructure.”
About Bullfrog Power
Bullfrog Power, Canada’s leading green energy provider, offers renewable energy solutions that enable homes and businesses to reduce their environmental impact, support the development of green energy projects in Canada and help create a cleaner, healthier world. As a Certified B Corporation, Bullfrog Power meets higher standards of social and environmental performance, transparency, and accountability. Thousands of Canadian homes and businesses are doing their part to address climate change and air pollution by switching to green energy with Bullfrog Power. Homes and businesses can sign up easily, quickly and affordably at www.bullfrogpower.com.
About LIFE Co-operative
LIFE Co-op is a renewable energy co-operative that is helping build the energy infrastructure of the future through community-owned renewable power. LIFE’s projects reduce greenhouse gas emissions, while enabling community participation in energy generation and offering sound returns to investors. LIFE works with farmers and other building owners to develop projects under Ontario’s Feed-in Tariff program, leasing rooftops or co-owning projects with landowners. Headquartered in Kitchener, LIFE invites residents of Ontario age 16 or older to join its member base, now 350 strong. Membership forms and more are available at www.lifecoop.ca.
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Contact LIFE Co-operative