ARTICLE
10 April 2013

Feed-in Tariff Contract Update

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Stikeman Elliott LLP

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The Ontario Power Authority has recently posted an amendment to the Feed-in Tariff Contract.
Canada Energy and Natural Resources
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On March 22, 2013, the Ontario Power Authority (OPA) posted an amendment to the Feed-in Tariff (FIT) Contract. Specifically, the OPA has amended Exhibit C of the FIT contract which deals with the domestic content requirements. In the new contract (version 2.1.1), Table 1, Activity #11 (On-Shore Wind Turbine Towers) has been amended to allow for a mutually exclusive option for wind tower raw materials. The new domestic content option reads as follows:
 

“All steel that was formed and shaped into steel tower sections, if any, was processed into steel plates in a steel mill in Ontario; and

All steel for rebar for concrete tower sections, if any, must have been rolled or extruded in a steel mill in Ontario. Aggregate materials used in concrete tower sections, if any, must be sourced and mixed in Ontario, and the Portland cement used in the concrete tower sections, if any, must have been manufactured in Ontario.

The foundation of a tower is not considered part of the tower for the purposes of this Designated Activity 11.”

A link to a comparison of the new contract to version 2.1 can be found here
 

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

ARTICLE
10 April 2013

Feed-in Tariff Contract Update

Canada Energy and Natural Resources

Contributor

Stikeman Elliott LLP logo
Stikeman Elliott is a global leader in Canadian business law and the first call for businesses working in and with Canada. We provide clients with the highest quality counsel, strategic advice, and creative solutions. Stikeman Elliott consistently ranks as a top law firm in our primary practice areas. www.stikeman.com
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