GOLDBECK SOLAR Investment as part of the Joint venture PACE Canada LP sells 61 MWp Joffre solar park to Concord Green Energy

PACE Canada is a 50/50 joint venture between Pathfinder Clean Energy (PACE) and GOLDBECK SOLAR with a significant pipeline of projects in Canada across solar and energy storage.

The Joffre solar plant is located in Alberta, Canada and has been in operation since December 2023 following its completion by GOLDBECK SOLAR North America. The solar park has an installed capacity of 61 MWp and thus makes an important contribution to the supply of clean energy in Canada. Joffre will generate 88.19 GWh of clean energy per year, enough to power more than 12,000 homes in Alberta. This will save approximately 51,500 tons of CO2 emissions per year. The buyer Concord Green Energy specializes in renewable energy and already generates more than enough green energy from solar, hydro and wind power for all of Concord Pacific’s communities.

Boris Beltermann, COO of GOLDBECK SOLAR Investment stated: "We are very pleased about the successful project sale to a company that pursues the same goals as ours, i.e. to develop solutions that protect the climate and are in harmony with nature in order to ensure the basis for a healthy and sustainable planet. By selling the solar park, we are paving the way for an emission-free and green electricity supply in Canada."

Rob Denman, President of PACE Canada and Managing Director of Pathfinder Clean Energy (PACE) said: “PACE entered the Alberta market in 2018 and Joffre was one of the first assets we started to develop. We are delighted to have brought this project through development and construction and into operation. With a significant pipeline of projects to follow and with the end of the development moratorium in Alberta we look forward to pushing on in this exciting market to bring significant clean energy and flexibility into the market.”