{"id":3804,"date":"2021-03-31T20:06:12","date_gmt":"2021-04-01T00:06:12","guid":{"rendered":"https:\/\/www.millerthomson.com\/deals-cases\/saturn-power-secures-financing-for-saskatchewans-first-utility-scale-solar-pv-project\/"},"modified":"2024-09-12T15:24:26","modified_gmt":"2024-09-12T19:24:26","slug":"saturn-power-secures-financing-for-saskatchewans-first-utility-scale-solar-pv-project","status":"publish","type":"deals-cases","link":"https:\/\/www.millerthomson.com\/en\/deals-cases\/saturn-power-secures-financing-for-saskatchewans-first-utility-scale-solar-pv-project\/","title":{"rendered":"Saturn Power secures financing for Saskatchewan\u2019s first utility scale Solar PV project"},"content":{"rendered":"

On March 31, 2021, Saturn Power Inc. (\u201cSaturn Power\u201d) secured a $14 million term loan from CWB Maxium, on a project finance basis, to fund the construction of its Highfield Solar Project, Saskatchewan\u2019s first industrial-sized solar facility. First announced in 2018, the Highfield Solar Project is expected to provide 10MW AC of solar energy to Saskatchewan\u2019s energy supply through a Power Purchase Agreement with SaskPower, and has already begun construction in collaboration with miEnergy, a renewable energy solutions provider, since fall 2020.<\/p>\n

Saturn Power, founded in 2007 and based in Baden, Ontario, Canada, has over 600 MW of renewable energy generation and storage projects in development, built or operating, including solar, battery storage and wind power projects in Canada, Bermuda, the United States and Turkey.<\/p>\n

Miller Thomson advised Saturn Power in the project financing with a team comprised of Aaron Atcheson and Katlyn Cooper (Projects).<\/p>\n","protected":false},"author":1,"template":"","class_list":["post-3804","deals-cases","type-deals-cases","status-publish","hentry"],"acf":[],"yoast_head":"\nSaturn Power secures financing for Saskatchewan\u2019s first utility scale Solar PV project | Miller Thomson<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.millerthomson.com\/en\/deals-cases\/saturn-power-secures-financing-for-saskatchewans-first-utility-scale-solar-pv-project\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Saturn Power secures financing for Saskatchewan\u2019s first utility scale Solar PV project | Miller Thomson\" \/>\n<meta property=\"og:description\" content=\"Counsel to Saturn Power Inc.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.millerthomson.com\/en\/deals-cases\/saturn-power-secures-financing-for-saskatchewans-first-utility-scale-solar-pv-project\/\" \/>\n<meta property=\"og:site_name\" content=\"Miller Thomson\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/MillerThomsonLaw\/\" \/>\n<meta property=\"article:modified_time\" content=\"2024-09-12T19:24:26+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@millerthomson\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" 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