Obton explores Canada with established Canadian project developer
At the beginning of June 2017, the parties signed a deal that makes Danish investment company Obton a substantial shareholder in the well-established Perimeter Solar Inc., which develops PV projects in Canada. This past year, Perimeter Solar Inc. has been very active, in particular in developing solar projects in Alberta and Saskatchewan. Obton sees great potential in Canada where the ambition is to supply the future Canadian energy market with large amounts of power from solar and wind energy.
Obton’s chief negotiator behind the deal with Perimeter Solar Inc., Mikkel Berthelsen, has the following comment on the deal:
‘I’m extremely satisfied with how the negotiations went. There can be no doubt that this is an extremely professional and ambitious company, which we are thrilled to become a part of’.
Indeed, Mikkel Berthelsen has nothing but praise for the team at Perimeter Solar Inc.:
‘Hugh, Philipp and Daniel make an experienced and visionary development team. Together with Obton’s extensive experience from PV projects on the European continent, I’m certain that we have the right setup to create solid high-quality PV projects in Canada.’
The Canadian team is also expressing their joy over the agreement. Director of Business Development, Phillip Andres, says: ‘I look forward to cooperating with the professional and experienced people from Obton, who for several years have proven that they are capable of planning and executing major PV projects. I’m convinced that together we will be able to make a real impact in the Canadian market.’
Over a number of years, Obton has become one of the major players in the European PV market; however, our ambitions extend much further, so Obton’s entry into the Canadian market matches perfectly with the company’s ambitious growth strategy.