FirstLight Secures PPA for 57.2 MW Fort Frances Solar Project in Ontario

FirstLight, a clean power producer, developer, and energy storage company wholly owned by the Public Sector Pension Investment Board (PSP Investments), announced the execution of a Power Purchase Agreement (PPA) with Ontario’s Independent Electricity System Operator for the 57.2 MW Fort Frances Solar Project, in partnership with Lac Des Mille Lacs First Nation.

The agreement follows the Project’s contract award through Ontario’s Long-Term 2 (LT2) procurement process and represents a significant step toward delivering new, reliable, and affordable clean electricity to the province. The Fort Frances Solar Project was one of 14 projects awarded contracts by the IESO, together representing more than 1,300 MW of new clean electricity supply for the province as it works to support forecasted increased electricity demand, while maintaining affordability and advancing carbon reduction goals. The Project builds on FirstLight and its predecessors’ more than 100-year legacy in the community through its 13.1MW hydroelectric project, Fort Frances Generating Station, which was built in 1909 and is located on the Rainy River.