• Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Corporate News
  • Generation
  • Oil & Gas
  • Regulation
  • Renewable
    • Climate
    • Solar
    • Wind
  • Storage
  • Tech
  • T & D
Energy News Desk Logo

Energy News Desk

Energy News and Data

Axium Purchases Stake in Cordelio’s Renewable Portfolio

January 12, 2021 by Solar Industry Mag

Cordelio Power and Axium Infrastructure, an independent portfolio management firm, say Axium has purchased a 49% interest in Cordelio’s Ontario renewable portfolio. The 396 MW Denfield portfolio includes four wind projects and two solar projects located in southwestern Ontario. Cordelio will continue to manage the Denfield assets for the newly formed partnership.

“We’re excited to partner and share best practices with Axium, a premier renewables owner-manager,” says Rob Roberti, CFO of Cordelio. “Axium’s technical and other capabilities will complement our own as these important assets continue to support Ontario’s energy transition.”

Cordelio is a renewable power producer managing over 1,000 MW of renewable generation assets across North America, including 396 MW of wind and solar projects in Ontario (51%-owned by Cordelio) plus a 656 MW wind and solar portfolio stake owned by Canada Pension Plan Investment Board. The company also owns (wholly and through a joint venture) a growth pipeline of 2,500 MW of wind, solar and storage projects in the western and midwestern U.S.

Photo: Cordelio’s Sombra Solar Energy Center

Filed Under: Renewable, Solar

Primary Sidebar

Join The Daily Charge

This week's top 5 stories in your inbox. No spam ever.

Trending

  • Leeward Acquires 10 GW Utility-Scale Solar Platform from First Solar
  • Atlantic Shores Opens the ECO Center in Atlantic City
  • Irish Ministers Unveil Offshore Wind Projects
  • Masdar Closes on Hefty Portfolio of U.S. Clean Energy Projects
  • Vestas Unveils 15 MW Offshore Wind Turbine
  • ForeFront Power Achieves Commercial Operation on Illinois Solar Project
  • Duke Energy gave half a million to political group before primary, new filings show
  • This Arkansas school turned solar savings into better teacher pay
  • NA Wind Power Sentry Electrical Adds Renewable O&M Services to Company Offerings
  • Texas Governor Receives TGE’s Wind Leadership Award

Footer

Trending

  • Leeward Acquires 10 GW Utility-Scale Solar Platform from First Solar
  • Atlantic Shores Opens the ECO Center in Atlantic City
  • Irish Ministers Unveil Offshore Wind Projects
  • Masdar Closes on Hefty Portfolio of U.S. Clean Energy Projects
  • Vestas Unveils 15 MW Offshore Wind Turbine

Recent

  • Stem Provides Smart Energy Storage Solutions to Today’s Power
  • EIA's AEO2021 shows U.S. energy-related CO2 emissions rising after the mid-2030s
  • Homeowners associations still a barrier for some would-be solar customers
  • Commentary: With open standards, U.S. can build EV charging infrastructure faster
  • Vestas Unveils 15 MW Offshore Wind Turbine

Search

Contact Us

Write For Us

  • Email
  • Facebook
  • Twitter

Copyright © 2021 · EnergyNewsDesk.com