Turning Sun solar facility to be located in the RM of Estevan.
SaskToday – Feb 10, 2026
ESTEVAN — Greenwood Sustainable Infrastructure (GSI), the North American renewable energy subsidiary of Libra Group, says it has closed the construction-to-term and investment tax credit (ITC) bridge financing for the 100-megawatt Turning Sun Solar Project in the RM of Estevan.
A press release states this marks a “significant milestone” for the development portfolio. Greenwood said the financing was arranged in partnership with the Ocean Man First Nation, and led by Royal Bank of Canada (RBC) and Desjardins Group. The press release says this financing brings together more than $200 million in private and public capital to support the project’s development, construction and long-term operations, highlighting what GSI says is its ability to execute large-scale, complex renewable energy financings.
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The Turning Sun Solar Project will operate under a 25-year power purchase agreement (PPA) with SaskPower. Road construction on Turning Sun Solar began late last year, with leading construction firm Barton Malow serving as the engineering, procurement and construction (EPC) contractor for the project, which will follow an 18-month build schedule.