Sep 21, 2017

Acciona Acquires Additional Stake in Ontario Wind Farm


Acciona Energy, a leading global operator of renewable energy projects, announced that Acciona Energy International (AEI), through its Canadian subsidiary, has acquired 50 percent of the 76 MW Ripley Wind Farm from Suncor Energy Inc. Suncor and Acciona built the Ripley Wind Farm as a joint venture in 2007. With the acquisition, AEI becomes the wind farm’s sole owner and operator.

The Ripley Wind Farm is near the eastern shore of Lake Huron and generates enough electricity to power 24,000 homes. The facility has a 20-year power purchase agreement in place with the Independent Electricity System Operator.

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Acciona operates wind energy projects across Canada, from the Lameque Wind Farm in New Brunswick to the Chin Chute and Magrath wind farms in Alberta. These wind farms represent a total of 181 MW of capacity, 141 MW of which will be owned by Acciona after the Ripley acquisition. The company also supplied construction and operations services for the 102 MW South Canoe wind farm, the largest wind project in Nova Scotia. 

Source: Acciona Energy

For more information, go to www.acciona.com


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