Toronto—Today, Bullfrog Power®, Canada’s leading green energy provider, and SolarShare, Canada’s largest renewable energy co-operative that allows Ontario citizens and businesses to invest in community-based solar energy installations, are launching the first community-owned solar project in the City of Brampton with a rooftop ribbon-cutting.
The Holtby project, located on an industrial, mixed-use building in Brampton, Ontario, is the latest SolarShare project and was completed with investment from Bullfrog Power. Holtby is the 25th SolarShare project in Ontario and has a system capacity of 600 kilowatts. Bullfrog Power—through its Bullfrog Builds Renewable Accelerator program—is among a small group of strategic partners supporting the capital-intensive development phase of SolarShare renewable energy projects.
“This project is an important example of the impact that supporters of green energy across Canada are having each and every day,” said Ron Seftel, Senior Vice President, Operations, Bullfrog Power. “Through our Bullfrog Builds Renewable Accelerator program, bullfrogpowered individuals and businesses in the area and across Canada were able to contribute to making this project a reality.”
With the successful completion of the installation, SolarShare will raise community investment through its Solar Bonds from co-op members. Investors earn a competitive 5 per cent return on 5-year bonds and so far they are close to having collectively raised an impressive $5 million from its members.
“As the first community-owned solar project in the City of Brampton, the Holtby solar installation is another landmark for SolarShare and renewable energy in Canada,” said SolarShare President, Mike Brigham. “With each new SolarShare project more renewable electricity is added to the grid, benefiting local communities and contributing to the fight against climate change.”
About Bullfrog Power
Bullfrog Power, Canada’s leading green energy provider, offers renewable energy solutions that enable individuals 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 individuals and businesses in Canada are doing their part to address climate change and air pollution by choosing green energy with Bullfrog Power. Sign up easily, quickly and affordably at bullfrogpower.com.
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SolarShare develops solar power projects across Ontario and offers securities in the form of bonds to its members to invest in the project portfolio. SolarShare currently has almost 700 members and 25 projects representing over 2 MW of installed solar power generation capacity. Incorporated in January 2010, SolarShare is a not-for-profit co-operative formed by TREC Renewable Energy Co-operative. Learn more or become a member at www.solarbonds.ca
Contact Bullfrog Power
Public Relations Manager
Tel: 416.360.3464 ext 239
Community Investment & Marketing Manager