All 73 turbines erected at Carleton wind farm
The commissioning is underway and commercial operations should begin by November 30, as originally planned.
Innergex owns 38% of the Carleton wind farm through its interest in Cartier Wind Energy. TransCanada Corporation holds 62% ownership in the wind farm.
Construction of the project began in October 2007. The project has a total installed capacity of 109.5 megawatts (MW) and will generate 340,000 MW/hr of energy per year. Expected annual revenues for this wind farm should total $26 million.
"We are very satisfied with the way construction work has progressed and are very confident that the project will reach commercial operation on time and on budget," stated Michel Letellier, President and Chief Executive Officer of the Corporation.
The Carleton wind farm is the third Cartier Wind Energy project to be built following Hydro-Quebec Distribution's first call for tenders. The Carleton wind farm has a 20-year power purchase agreement with Hydro-Quebec for energy generated by the facility.
Related News
EDP Plans to Reject $10.9 Billion-China Three Gorges Bid
BEIJING - EDP-Energias de Portugal SA is poised to reject a 9.1 billion euro ($10.9 billion) takeover offer from China Three Gorges Corp. on the grounds that it undervalues Portugal’s biggest energy company, according to people with knowledge of the matter.
The board of EDP, which may meet as early as this week, views the current bid of 3.26 euros a share as too low as it indicates a premium of 4.8 percent over Friday’s close, said the people, asking not to be identified because the discussions are private. EDP is also working with advisers including UBS Group AG and Morgan…
