TransAlta Corporation has entered into a long-term Power Purchase Agreement (PPA) with Pembina Pipeline Corporation for the offtake of 100 MW from its proposed 130 MW Garden Plain Wind Power Project, to be located approximately 30 km north of Hanna, Alberta. Under this agreement, Pembina will receive both renewable electricity and environmental attributes for an 18-year term.
Pembina and TransAlta have entered into an 18-year PPA for 100 MW, commencing on the Commercial Operation Date (COD) of Garden Plain. TransAlta is currently marketing the remaining 30 MW of the facility to commercial and industrial electricity customers, which are looking to reduce the carbon intensity of their operations. If contracts for the remaining 30 MW are not secured, excess energy will be offered to the merchant wholesale power market in Alberta.
TransAlta will construct, own and operate the facility. The total construction capital of the project is estimated at approximately CAD195 million (US$161.2 million).
