SkyPower Official Partner of COP21

PARIS, France, Nov. 30, 2015 /PRNewswire/ - SkyPower, the world's largest developer and owner of utility-scale solar energy projects, is proud to announce its landmark partnership agreement with COP21, the UN Framework Convention on Climate Change, which delegations representing over 150 countries will attend in Paris for 12 days with the objective of reaching a universal agreement on how to slow the rise of global temperatures.

"SkyPower is proud to be a part of helping to propel the world's transition to a low carbon future," said Kerry Adler, SkyPower President and Chief Executive Officer. "As an Official Partner of COP21, our senior management team will also be on-site in Paris to participate with the world's leaders, proponents of sustainability and delegations from over 150 countries, to help them explore how utility-scale solar energy can be part of the solution mix in helping them meet their respective climate commitments, objectives and initiatives."

The Official Partnership with COP21 is an integral part of SkyPower's ongoing initiatives as a corporate leader on climate change – one of the most important issues of our time.

In addition, SkyPower has:

• Implemented the development of renewables on a global scale as a Strategic Champion of UN Secretary-General Ban Ki-moon's Caring for Climate initiative
• Demonstrated its commitment by becoming a signatory of the UN Global Compact, the world's most significant and largest corporate sustainability initiative to date
• Formally aligned with the United Nations Business Leadership on Carbon Pricing
• Implemented a unified global solar energy development strategy that directly or indirectly contributes to 13 of the 17 UN Sustainable Development Goals (SDGs)

The SDGs launched in September 2015 at the 70^th session of the General Assembly of the United Nations in New York City cover a broad range of sustainable development issues with the objective of addressing poverty, hunger, health, education and climate change, amongst others. SkyPower remains deeply committed to the SDGs as a fundamental part of its business and growth strategy, and as a clear example to demonstrate that corporations can prosper while helping the world become a better place for all humankind.

About SkyPower
www.skypower.com

SkyPower is the largest and one of the most successful developers and owners of utility-scale solar energy projects in the world. With roots dating back to over a decade, SkyPower's global team possesses a vast track record of over 800 years of combined experience in power and large infrastructure projects.

The experienced and accomplished SkyPower team has built, assembled and acquired an extensive pipeline of over 25 GW worldwide – 9 GW of which were recently announced in bilateral agreements, and other contract awards, to be built on the continents of Africa and Asia over the next five years in Egypt, Nigeria, Kenya, Djibouti and India.

SkyPower's over 30 utility-scale solar PV Power Purchase Agreements (PPA) and Contracts in aggregate represent well in excess of US $80 billion worth of long-term renewable energy sales to leading utilities and governments around the world.

SkyPower is majority owned by CIM Group, a U.S.-based real estate and infrastructure investment firm founded in 1994 that has systematically and successfully invested in dynamic and densely populated communities throughout North America.

SOURCE SkyPower