The two firms did not reveal further details of the huge bond financing – among the largest ever for a renewables asset in Canada – but said they had attracted support from a “broad base of Canadian and US investors”.

CCLI, part of Toronto-based asset manager Connor, Clark & Lunn Financial Group, has been a regular partner of Samsung at its solar projects in the province.

The Kingston project was commissioned in September 2015, and used substantial amounts of locally-manufactured equipment, per Samsung’s sweeping renewables agreement with the province of Ontario struck in 2010.

Canadian Solar, based in Guelph, Ontario, handled EPC work at Kingston and supplied nearly half a million of its locally made 72-cell MaxPower modules.

Meanwhile, Germany’s SMA supplied 125 of its Sunny Central 800CP-US central inverters made at its factory near Toronto, and will stay on to maintain the project for the next decade.

Through its controversial deal with Ontario – revised in 2013 – Samsung Renewable Energy has been responsible for many of the largest wind and solar projects in the province, including the Grand River project, which combines 150MW of wind and 100MW of solar.

Samsung has said it is now contemplating investments in western Canada.