The Redstone Company Advises the Ottawa Renewable Energy Co-Op on Ontario Wind Farm Acquisition
December 18, 2025
Toronto, Ontario
The Redstone Company is proud to congratulate its client, the Ottawa Renewable Energy Co-Op (“OREC”), on the closing of its transaction to take a 100% controlling stake in the Quixote One Wind Energy Project, a 2,300 KW wind project, fully contracted with the Ontario Independent Energy System Operator (IESO). The Redstone Company acted as the exclusive advisor to OREC on this transaction and was involved with the transaction from beginning to close.
The Redstone Company led the buy-side advisory process for OREC and were their lead advisors across the entire transaction. We were involved with the target from the very initial meeting, leading negotiations and bringing the transaction through an efficient process to a fruitful conclusion for all involved. The Redstone Company also prepared financial analysis and operational due diligence materials and led the diligence process for OREC.
"It's been a pleasure to work with Chris of The Redstone Company again on this acquisition. As with his previous engagements, we appreciate his highly analytical approach paired with strategic thinking and underpinned with his knowledge of the renewables landscape in Ontario. He's been instrumental to the negotiations and to bringing this acquisition to a successful close. We look forward to working with Chris again on future opportunities."
Marion Siekierski, General Manager, OREC
OREC’s announcement of the transaction can be found here: Tiverton Takes Flight: OREC Secures 100% Ownership of Key Wind Energy Site
More information about OREC, including how you can participate in the Ontario energy transition through investing with OREC, can be found here: https://www.orec.ca/
About The Redstone Company
The Redstone Company has significant experience in the Ontario renewable energy market, having provided buy-and-sell side advisory services on over $27M of renewable energy transactions representing over 12 MW of capacity in the past 4 years. Please reach out if you would like help understanding what your portfolio of renewable projects is worth, if you have interest in acquiring new renewable or Battery Energy Storage projects, or if you have more interest in the current state of play in the Ontario renewable energy market.