BHE Canada has signed power purchase agreements with three new Canadian corporate partners, Royal Bank of Canada (RBC), Bullfrog Power Inc. (Bullfrog), and Shopify Inc. (Shopify). The three companies partnered to form a buyers’ group, and each signed a power purchase agreement with BHE Canada to contract energy from the soon to be fully operational Rattlesnake Ridge Wind Power Project.
The Rattlesnake Ridge Wind Project is a 130-megawatt wind farm located in southeast Alberta. The project is being privately financed by BHE Canada through a combination of equity and debt and requires no government subsidies or tax incentives to support its operation. The project consists of 26 wind turbines and is expected to be fully commissioned and supply energy to Alberta’s grid by May 2022.
The capacity of the Rattlesnake Ridge Wind Power Project is expected to be fully contracted prior to commercial operation.
