TransAltaÂ’s Kent Hills wind farm now operating
CALGARY, ALBERTA - TransAlta Corp TA.TO said its $170 million (US$143 million) Kent Hills wind farm in New Brunswick has begun operating, producing up to 96 megawatts of power for Canada's biggest investor-owned power company.
TransAlta said the facility uses 32 3-megawatt wind generators to produce electricity at the Kent Hills site, 30 kilometers (19 miles) southwest of Moncton, New Brunswick, and will produce enough power for 17,300 homes.
The Calgary-based company has said the Kent Hills wind farm can be further expanded to add an additional 54 megawatts of power.
TransAlta now has 248 megawatts of wind-powered generation and a total generating capacity of 8,788 megawatts from 50 facilities in North America and Australia.
Related News
Ontario Teachers' Plan Acquires Brazilian Electricity Transmission Firm Evoltz
TORONTO - The Ontario Teachers’ Pension Plan has acquired Evoltz Participações, an electricity transmission firm in Brazil, from US asset manager TPG.
The retirement system took a 100% stake in the energy firm, Ontario Teachers’ said Monday. The acquisition has netted the pension fund seven electricity transmission lines that service consumers and businesses across 10 states in Brazil. The firm was founded by TPG just three years ago.
“Our strategy focuses on allocating significant capital to high-quality core infrastructure assets with lower risks and stable inflation-linked cash flows,” Dale Burgess, senior managing director of infrastructure and natural resources at Ontario Teachers, said…
