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     340  0 Kommentare Dream Alternatives Announces First Accretive Renewable Power Acquisitions, Accretive Loan Investments & Approval of September 2014 Distribution - Seite 2

    The projects are currently in various stages of development and operation. By August 2015, it is expected that all four projects will be operational, providing an estimated cash-on-cash yield of 12.4% on the $20.1 million of equity invested by the Trust over the entire contract term of 20 years. Prior to August 2015, the expected cash-on-cash yield is expected to be in the range of 6.6% to 6.8%. Each of these acquisitions is subject to the satisfaction of customary conditions. Each of the Ontario solar projects have a FIT contract that allows for the sale of solar electricity to the Ontario Power Authority for a fixed price for a term of 20 years. Each of the Nova Scotia wind projects has a Community Feed-in Tariff ("ComFIT") contract which provides for the sale of electricity to Nova Scotia Power Inc. (Nova Scotia's regulated utility) at a fixed price for a term of 20 years. Accordingly, the cash flows generated from these projects increase the secure, long term cash flow generation ability of the Trust and significantly reduces the Trust's re-investment risk. Three of the four projects have community or aboriginal partners and will benefit from participation in development and a share in project cash flows

    Details of the individual projects are noted in the table below.

    Project Contract Term with Provincial Regulated Utility Commercial Operation Date Share of Capacity (MW) Total Equity Requirement - millions
    Ontario Rooftop Solar 20 Years Jan 2014 0.7 $3.5
    Ontario Rooftop Solar 20 Years Dec 2014 1.7 $6.0
    Nova Scotia ComFIT Wind 20 Years Aug 2015 10.6 $7.9
    Nova Scotia ComFIT Wind 20 Years Dec 2014 3.1 $2.7
    Total 16.1 $20.1

    Mortgage Loan Investments

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    Dream Alternatives Announces First Accretive Renewable Power Acquisitions, Accretive Loan Investments & Approval of September 2014 Distribution - Seite 2 TORONTO, ONTARIO--(Marketwired - July 29, 2014) - NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. Dream Hard Asset Alternatives Trust (TSX:DRA.UN) ("Dream Alternatives" or the …