GDF SUEZ and International Power have announced Power Purchase Agreements over wind energy in Canada. The two PPA’s secure wind farms in Ontario and another development in British Columbia.
IPR-GDF SUEZ North America has secured 20-year PPAs with the Ontario Power Authority for all of the output from the 99MW Erieau and 99MW East Lake St. Clair wind projects. Each project is estimated to cost approximately CAD $300 million (£186m).
In addition, construction will shortly commence at Cape Scott 1, a 99MW wind farm with a 20-year contract with British Columbia Hydro and Power Authority. The project is estimated to cost CAD$300 million and is anticipated to be in operation in 2013.
Philip Cox, CEO of International Power, commented, “Canada is a key market for renewable energy, with high quality projects that are supported by long term Feed-In Tariffs. We are delighted with our progress which strengthens our position in this attractive market with further growth opportunities.”