Capstone Infrastructure Corp has signed a long-term power purchase agreement (PPA) to sell 105 MW of power generated by its 192 MW Wild Rose 2 onshore wind project in Alberta, Canada.
The renewable energy investor will deliver electricity to Pembina Pipeline Corp. under a 15-year PPA. Located in Alberta's Cypress County, the Wild Rose 2 park is now in development and has an estimated investment of CAD360 million (US$278 million). It will be Capstone's largest operational wind farm once completed.
Siemens Gamesa Renewable Energy will supply the project with 38 SG 5.2-145 machines. Construction of the wind facility is expected to start later this 2022 year.
Country updates
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May 10, 2022
Potentia achieves financial close for five wind project in Alberta
Potentia Renewables Inc. (Potentia) has closed five unique, long-term, non-recourse project financings for each of its Stirling, Wheatland, Jenner 1, Jenner 2, and Jenner 3 Wind Energy Facilities curr...
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May 03, 2022
Spring Lane Capital achieves US$50mn second close of its Spring Lane Fund II
Spring Lane Capital has achieved a second close of approximately US$50 million for its second private fund, Spring Lane Fund II, bringing this fund’s total AUM to US$200 million. Spri...
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April 28, 2022
Boralex and partners to develop 1.2 GW wind project in Quebec
Boralex, Energir, and Hydro-Quebec are collaborating to create three wind projects in Quebec, Canada, with a total capacity of 1.2 GW. The proposed projects include the 400 MW Des Neiges Wind Farm &n...
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April 25, 2022
Atco, Microsoft seal PPA for 37 MW Deerfoot solar plant in Calgary
Microsoft Corp has inked an offtake contract with Atco, under which the company will buy the full output of a 37 MW solar park in the western region of Canada. The freshly signed power purchase agree...
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March 25, 2022
Capital Power starts commercial operation of 41 MW Strathmore solar project in Alberta
Canadian power producer Capital Power Corporation has started the commercial operation of its 41 MW Strathmore solar photovoltaic project located 320 acres of leased industrial land owned by...
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