Pattern Energy Group Inc. (NASDAQ and TSX: PEGI) (“Pattern Energy” or the “Company”) today announced it has entered into an agreement for the sale of the Company’s 90 megawatt (“MW”) minority owned interest in the K2 Wind power facility (“K2”) in Ontario for a purchase price of CAD$216.0 (US$166.0 million1), to a consortium of investors … Continue reading Pattern Energy Enters Agreement to Sell K2 Wind Farm
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Pattern Development constructs First Nation’s wind energy project
Pattern Energy Group (Pattern Development) announced the completion of a C$1 billion financing for the 300-MW Henvey Inlet Wind project located on Henvey Inlet First Nation Reserve No. 2 on the northeast shore of the Georgian Bay in Ontario. Pattern Development and Nigig Power Corporation, a wholly-owned subsidiary of Henvey Inlet First Nation, are joint … Continue reading Pattern Development constructs First Nation’s wind energy project
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Senvion signs turbine supply contract in Ontario
Senvion, a leading global manufacturer of wind turbines, announces the signature of a turbine supply contract for an 18.45 megawatt (MW) project with wpd in the Canadian province of Ontario. The company will deliver nine Senvion MM92 type wind turbines especially designed for cold climates to White Pines windfarm in Prince Edward County. Each of … Continue reading Senvion signs turbine supply contract in Ontario
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Samsung and Pattern Development complete 100 MW Belle River wind power facility in Ontario
The Belle River Wind power facility in Lakeshore, Ontario is now up and running. Samsung Renewable Energy, Inc. (Samsung) and Pattern Energy Group LP (“Pattern Development”) today announced their 100 megawatt (MW) Belle River Wind power facility has completed construction and is fully operational. Belle River Wind is expected to generate enough clean energy to … Continue reading Samsung and Pattern Development complete 100 MW Belle River wind power facility in Ontario
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More wind energy essential to ensure affordable, sustainable and reliable electricity in Ontario over coming decades
Important considerations for the future of Ontario’s electricity supply such as affordability, protection of the environment, and power system reliability are key themes addressed in the Canadian Wind Energy Association’s submission to the province’s Long-Term Energy Plan. New wind energy is now being contracted for as low as 6.45 cents per kilowatt hour in Ontario, … Continue reading More wind energy essential to ensure affordable, sustainable and reliable electricity in Ontario over coming decades
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Pattern Energy announces it is in discussions to acquire interest in Armow Wind power facility in Ontario
Pattern Energy Group Inc. (NASDAQ: PEGI) (TSX: PEG) (“Pattern Energy”) today announced it is in discussions to acquire a 90 MW interest in the 180 MW Armow Wind power facility in Ontario from Pattern Energy Group LP (“Pattern Development”). Pattern Energy intends to fund the acquisition with available liquidity from its recent equity offering. The … Continue reading Pattern Energy announces it is in discussions to acquire interest in Armow Wind power facility in Ontario
Continue readingA renewable energy reality: Fossil fuels aren’t going anywhere
The artwork for Ontario’s Climate Change Action plan shows Ontario, circa 2050, as a paradise of cyclists, electric cars, wind turbines, solar panels, dense urban environments and homes powered by geothermal energy. Renewable energy industries could not have been happier. These industries have been growing fast, their products becoming cheaper, their subsidies continuing, their consumers … Continue reading A renewable energy reality: Fossil fuels aren’t going anywhere
Continue readingSamsung and Pattern Development Start Operations at 180 MW Armow Wind Power Facility in Ontario
The Armow Wind power facility in Ontario is now up and running. Samsung Renewable Energy, Inc. (Samsung) and Pattern Energy Group LP (“Pattern Development”) today announced their 180 megawatt (MW) Armow Wind power facility has completed construction and is fully operational. Armow Wind is expected to generate enough clean energy to power approximately 70,000 Ontario … Continue reading Samsung and Pattern Development Start Operations at 180 MW Armow Wind Power Facility in Ontario
Continue readingEconomic benefits of wind energy in Ontario in the spotlight
By 2030 wind energy in Ontario will have stimulated over $14 billion in economic activity in the province providing well-paying jobs to thousands of workers and injecting millions of dollars directly into local economies, according to the results of a new study released on the opening day of the Canadian Wind Energy Association’s 31st Annual … Continue reading Economic benefits of wind energy in Ontario in the spotlight
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TransAlta Renewables announces pricing of $442 million project financing of three Ontario wind energy assets
TransAlta Renewables Inc. (TransAlta Renewables) (TSX:RNW) today announced that on September 24, 2015 it priced a $442 million bond offering for its indirect wholly-owned subsidiary, Melancthon Wolfe Wind LP (the “Issuer”), which will be secured by a first ranking charge over all assets of the Issuer. The bonds are amortizing and bear interest from their … Continue reading TransAlta Renewables announces pricing of $442 million project financing of three Ontario wind energy assets
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Ontario ERT clears way for two Capstone wind power projects
Capstone Infrastructure Corporation announced today that the Ontario Environmental Review Tribunal (ERT), an administrative tribunal that considers appeals from the general public in relation to an approval granted to a green energy project by the Ministry of the Environment and Climate Change (the “Ministry”), this week dismissed appeals initiated in relation to two of the … Continue reading Ontario ERT clears way for two Capstone wind power projects
Continue readingNexans EHV cable to connect Canada’s Grand Bend Wind Farm
More renewable energy will flow to communities in the Canadian province of Ontario through a multi-million Canadian dollar cable connection to be provided by Nexans, in conjunction with project partners Black & McDonald, the electrical services contractor, and AMEC Foster Wheeler, the leading global Engineering Procurement Construction (EPC) firm. Northland Power is constructing the … Continue reading Nexans EHV cable to connect Canada’s Grand Bend Wind Farm
Continue readingCapstone Infrastructure secures final REA approval for Ontario wind energy projects
Capstone Infrastructure Corporation (TSX:CSE)(TSX:CSE.DB.A)(TSX:CSE.PR.A)(TSX:CPW.DB) (the “Corporation”) today announced that it has secured a Renewable Energy Approval (REA) from the Ontario Ministry of the Environment and Climate Change for the 10-megawatt Snowy Ridge Wind Park. REAs are a required step in Ontario for wind, solar and bio-energy generation facilities to proceed to the construction phase. The … Continue reading Capstone Infrastructure secures final REA approval for Ontario wind energy projects
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Boralex acquires interest in a wind farm in Ontario with Enercon wind turbines
Boralex announced the signature of a conditional buy/sell option for a 25% economic interest in the 230 MW Niagara Region Wind Farm project in which Enercon is the majority owner (the “Option”). The total investment planned for this major undertaking is between $900 million and $950 million and Boralex will immediately begin coordination of the project construction phase … Continue reading Boralex acquires interest in a wind farm in Ontario with Enercon wind turbines
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K2 wind power project in Ontario starts operation
Following 18 months of construction, the K2 Wind Power Facility (“K2 Wind”) in Ontario reached commercial operation on May 29, 2015. One of Canada’s largest wind projects, the 270 megawatt (MW) facility is owned and operated by Capital Power Corporation (TSX: CPX) and Capital Power LP (collectively, “Capital Power”), Samsung Renewable Energy Inc. (“Samsung”), and … Continue reading K2 wind power project in Ontario starts operation
Continue readingSamsung and Pattern Development Sign Power Purchase Agreement for North Kent Wind Energy Project in Ontario
The North Kent Wind project will bring substantial economic benefits to the Municipality of Chatham-Kent. Samsung Renewable Energy Inc. (Samsung) and Pattern Energy Group LP (Pattern Development) today announced that North Kent Wind, a 100 megawatt (MW) wind power project located in the Regional Municipality of Chatham-Kent, has entered into a 20-year power purchase agreement … Continue reading Samsung and Pattern Development Sign Power Purchase Agreement for North Kent Wind Energy Project in Ontario
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Siemens gets 100-MW wind turbine order for Ontario wind farm
As part of the wind turbine deal, Siemens will supply, install and commission 40 SWT-3.2-113 direct drive wind turbines. Grand Bend Wind Limited Partnership, a partnership between Northland Power, a Canadian power producer based in Toronto, and two local First Nations, the Aamjiwnaang First Nation and Bkejwanong Territory (Walpole Island First Nation), will construct the … Continue reading Siemens gets 100-MW wind turbine order for Ontario wind farm
Continue readingOntario procuring 300 MW of wind energy under new competitive process
The Canadian Wind Energy Association (CanWEA) applauds the Independent Electricity System Operator’s (IESO) launch of a 565 MW renewable energy request for proposals (RFP) of which 300 MW will be dedicated to wind energy. This is the first of three RFPs under IESO’s Large Renewable Procurement (LRP) competitive process that supports Ontario’s targeted goal of … Continue reading Ontario procuring 300 MW of wind energy under new competitive process
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Senvion (Suzlon) completes Ontario wind farm projects
This past November, Senvion Canada Inc. completed the commissioning of the Springwood and Whittington wind farms in Southern Ontario. These projects, in conjunction with German developer wpd, are Senvion Canada’s second and third wind projects in the province; Oxley being the first, bringing the company’s footprint in Ontario to 24 MW. Senvion delivered, installed and … Continue reading Senvion (Suzlon) completes Ontario wind farm projects
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1,871 MW of wind energy capacity was installed in five provinces in Canada in 2014
For the second consecutive year, the Canadian Wind Energy Association (CanWEA) is pleased to announce that Canada has set a record for the installation of new wind energy capacity. A total of 1,871 MW of wind energy capacity was installed in five provinces in Canada in 2014, with most growth centred in Ontario (850 MW), … Continue reading 1,871 MW of wind energy capacity was installed in five provinces in Canada in 2014
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