With the 700 MW Travers Solar Project expected to enter operation towards the end of next year, project backer Copenhagen Infrastructure Partners has appointed Madrid-based asset management company Exus Management Partners to manage its first renewables facility in Canada.
The Danish renewables investor – which is more well known for wind power projects and lists pension fund PensionDanmark as a major backer – opted for Exus to oversee the project, which will be constructed in Vulcan County, Alberta. The management contract had been tendered using a competitive bidding process, according to a press release issued by a PR company on behalf of Exus yesterday.
pv magazine in September reported a delay to construction of the project, which had been due to start in 2019, and also reported Travers would have a generation capacity of only 400 MW, helped by an investment of CA$500 million (US$403 million) from Copenhagen Infrastructure Partners in February last year.
The press release described the Travers facility as ‘Canada’s largest solar farm.’