UGE Signs Contract to Build Three Additional Projects for Potentia
TORONTO, ONTARIO- (June 7, 2017)
UGE International Ltd. (TSXV: UGE) ("UGE"), a global leader in solar energy solutions for the commercial and industrial sector, is pleased to announce that it has been contracted by Potentia Renewables Inc. ("Potentia") to design and install three new solar projects.
The projects are part of a Reliant First Nations Limited Partnership (RFNLP) with Potentia. The combined projects will total 700kW at three school properties throughout Brampton, Ontario. These projects support the movement for schools to transition to solar energy and become more sustainable. Leveraging Ontario's Feed-in Tariff (FIT) Program, each school can generate revenue while promoting a sustainable future.
"We look forward to completing these projects this summer," said Robert van Duynhoven, UGE's Vice President of Marketing & Sales. "It's far more than seeing rows of solar panels mounted on a roof, but knowing that these projects contribute to a cleaner and more sustainable future for the students and their environment."
These projects are expected to be completed over the next six months and the contract value will remain undisclosed due to confidentiality agreements. Potentia was a long-term client of Carmanah Solar Power Corp ("CSPC"), the business which UGE acquired in April of this year. UGE looks forward to continuing its relationship with Potentia and adding many more projects to the overall portfolio.
For further information, please view UGE's investor newsletter, available at www.ugei.com/investors.