It is hoped that the majority of the installations will be completed by the end of the year. The systems are expected to generate sufficient energy to avoid emitting an estimated 9.9 million kilograms of carbon dioxide in the atmosphere.
LaSalle Investment Management said it is committed to sustainability and recognizes that buildings can have a significant impact on the environment. "The solar PV projects in Ontario represent an important step in meeting our goals," said Sam Barbieri, vice president of Asset Management at LaSalle.
"We are dedicated to helping establish responsible energy policy around the world, and doing all we can in our own operations to use resources wisely. We envision that this model for solar deployment can be successfully replicated in many other markets as well."
The majority of projects will be located in the Greater Toronto Area (GTA) including Burlington, Toronto and Woodbridge, with additional systems located in both Lindsay and Kanata.