Emera Energy sells last CCGT to NB Power
Emera Energy has sold its 280 MW Bayside power plant located in Saint John, New Brunswick to New Brunswick Power (NB Power). Emera did not retain advisers for the deal. In 2017, the facility underwent major repairs including replacement of turbines. The project is the last closed-cycle gas turbine (CCGT) of Emera.
NB Power paid US$34.2 million for the plant. The company has been buying the power output of the facility under PPA that will expire in 2021.
Country updates
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April 09, 2019
TransAlta announces investment by Brookfield Renewable Partners
TransAlta Corporation has announced an investment by Brookfield Renewable Partners and its institutional partners. Under the terms of the agreement, Brookfield will invest CAD750 million (US$562 mil...
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April 09, 2019
Kineticor enters into agreement to acquire 32 MW cogeneration project in Canada
Kineticor Resource Corporation has announced that it has entered into an asset purchase and sale agreement with Tidewater Midstream and Infrastructure Ltd. to acquire the 32 MW cogeneration facility c...
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March 21, 2019
Connor, Clark & Lunn Infrastructure and Desjardins complete acquisition of Canadian hydroelectric projects
Connor, Clark & Lunn Infrastructure (CC&L Infrastructure) and Régime de Rentes du Mouvement Desjardins, Desjardins Financial Security Life Assurance Company, and Certas Home and Auto In...
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March 16, 2019
Ontario utility to build 44 MW solar park on Lake Erie shores
The old Ontario Power Generation Nanticoke Generating Station, the once North America's largest coal-fired power plant located on the shores of Lake Erie, was re-purposed for a 44 MW solar farm. Const...
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March 07, 2019
Axium Infrastructure completes purchase of 50% stake in 101 MWdc solar portfolio in Ontario
Axium Infrastructure has completed the purchase of a 50% stakes in a 101 MWdc solar photovoltaic portfolio located in Ontario, Canada from Mitsubishi Corporation. The portfolio consists of nine...
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