Axium closes acquisition of North American solar portfolio

| November 23, 2016

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Canadian infrastructure investment firm Axium Infrastructure has acquired a 100 percent interest in an 84 megawatt (MW) AC solar portfolio from Renewable Energy Trust Capital. No financial terms were released. The portfolio consists of eight solar photovoltaic facilities in California, Georgia and Ontario, which reached operation between 2012 and 2015. With the deal, Axium has invested in about 300 MWAC of solar generation across North America and deployed almost US$800 million of fund capital. Earlier this year, Axium partnered in the buy of a stake in the K2 Wind Facility.

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Fortinet

Fortinet (NASDAQ: FTNT) secures the largest enterprise, service provider, and government organizations around the world. Fortinet empowers its customers with intelligent, seamless protection across the expanding attack surface and the power to take on ever-increasing performance requirements of the borderless network - today and into the future. Only the Fortinet Security Fabric architecture can deliver security without compromise to address the most critical security challenges, whether in networked, application, cloud or mobile environments. Fortinet ranks #1 in the most security appliances shipped worldwide and more than 375k customers trust Fortinet to protect their businesses.

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Spotlight

Fortinet

Fortinet (NASDAQ: FTNT) secures the largest enterprise, service provider, and government organizations around the world. Fortinet empowers its customers with intelligent, seamless protection across the expanding attack surface and the power to take on ever-increasing performance requirements of the borderless network - today and into the future. Only the Fortinet Security Fabric architecture can deliver security without compromise to address the most critical security challenges, whether in networked, application, cloud or mobile environments. Fortinet ranks #1 in the most security appliances shipped worldwide and more than 375k customers trust Fortinet to protect their businesses.

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