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.

"

Related articles

Obton purchases Japanese solar farm with financial backing from EKF

An export loan of approximately DKK 500 million from EKF (Denmark’s Export Credit Agency) enables Obton to purchase the 31 MWp Shirakawa Solar Farm in Japan.

Obton sells Dutch solar PV plant to the German investment company CEE Group

“We’re incredibly proud to have been able to develop a solar PV plant of this size from scratch, and then to sell it on to a large, professional, institutional investor, says CEO Anders Marcus

Obton Group boosts its board of directors with prominent international executives

The new members of the board will take up their duties in connection with the finalisation of the transaction that has seen the leading Northern European private equity investment firm FSN Capital purchase 45 percent of Obton Group.

Sustainability in the spotlight at Obton

Sustainability and the green transition are high on the agenda for us at Obton. Read more about this in our new Sustainability Report.