BluEarth Renewables Inc has started the construction of the 145 MW Hand Hills wind farm project located in the Starland County of Alberta in Canada.
The project has a total investment cost of about CAD250 million (US$194.72). Once operational, it is expected to generate enough power for the consumption of up to 68,000 homes.
BluEarth Renewable has contracted the 100 MW portion of the project and the associated emission offsets to Shell Energy North America Canada Inc. It has recently closed a CAD145 million (US$112.94 million) non-recourse debt for the project with ATB Financial acting as the Administrative Agent and Coordinating Lead Arranger, and Desjardins, Royal Bank of Canada, and Siemens Financial acting as Joint Lead Arrangers.
Country updates
-
-
June 28, 2022
Capstone signs 78 MW supply agreement with the City of Edmonton from Wild Rose 2 wind farm
Capstone Infrastructure Corp. has signed a 78 MW Renewable Attributes Purchase Agreement (RAPA) with the City of Edmonton in Alberta, Canada The renewable attributes will be supplied from t...
Read more -
June 27, 2022
Brookfield Global Transition Fund reaches final close
Brookfield announced that it has reached the final institutional close for the Brookfield Global Transition Fund (BGTF) with total capital raised of US$15 billion. The BGTF is de...
Read more -
June 13, 2022
Construction started for 152 MW wind project in Canada
Enel Green Power Canada Inc., a unit of Enel Green Power, has started the construction phase of its 152 MW Grizzly Bear Creek wind farm project located in Alberta, Canada.
Read more -
June 07, 2022
CIB extends CAD80mn support for 9.2 MW hydro project in Atlin
The Canada Infrastructure Bank (CIB) has extended CAD80 million (US$63.77 million) support to the Tlingit Homeland Energy Limited Partnership for the development of the Atlin Hydroelectricity Exp...
Read more -
June 06, 2022
BHE Canada inaugurates 130 MW wind project in Alberta
BHE Canada has announced that its 130 MW onshore wind farm has begun commercial operation in Alberta, Canada. The Rattlesnake Ridge wind farm, located southwest of Medicine Hat, consists of 26 t...
Read more
