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Project Update

March 10, 2016

BluEarth Offered 54MW Contract in IESO LRP 1 RFP

BluEarth Renewables is pleased to announce that its subsidiary,  Loyalist Solar LP, has been offered a Large Renewable Procurement 1 (“LRP 1”) contract by the Ontario Independent Electricity System Operator (“IESO”) for the proposed 54 MW Loyalist Solar Project located in the Township of Stone Mills, Ontario.

“This is an exciting accomplishment for our company and the result of an incredible amount of hard work,” said Grant Arnold, BluEarth’s President and CEO. “I am proud of our team and grateful to our partners and stakeholders for their effort and support in bringing the project to this point.”

In the coming weeks, BluEarth anticipates initiating the technical studies required under the Ministry of the Environment and Climate Change (“MOECC”) Renewable Energy Approval (“REA”) process.  A REA Application must be submitted and approved by the MOECC prior to project construction.

BluEarth will continue our ongoing consultation with the local community, landowners, neighbours and stakeholders to ensure a transparent, two-way dialogue about the project and the activities to come. As the project is developed, additional information will be provided to the public via the project website, newspaper notices, public meetings and other sources to inform the public of project activities and information.

The Company would like to thank the IESO for this opportunity to provide clean, renewable power to the people and businesses of Ontario.

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