The funding comes from Ontario Teachers’ Pension Plan and ARC Financial, already BluEarth’s major shareholders.
Calgary-based BluEarth blasted into the big leagues in 2010 when Ontario Teachers’ Pension Plan -- one of North America's largest institutional investors -- committed C$75m to its push into wind, hydro and solar.
To date, BluEarth, which intends to acquire C$1bn of wind, solar and hydro assets, has focused primarily on Canadian projects.
