Alberta Renewable Power Ltd. Partnership Forms In Canada

Posted by Betsy Lillian on December 15, 2016 No Comments
Categories : New & Noteworthy

Boralex Inc. and Alberta Wind Energy Corp. (AWEC) have partnered to create the Alberta Renewable Power Ltd. Partnership, which is owned 52% and 48%, respectively, by the two companies.

Quebec-based renewable energy company Boralex owns 118 MW of operational projects in Canada. Meanwhile, AWEC develops independent wind projects in Canada.

“This joint venture is a great opportunity to make our first entry in Alberta,” notes Patrick Lemaire, president and CEO of Boralex.

The companies will prepare the Windy Point and Old-Elm/Pothole projects for the upcoming renewable electricity program competitions in Alberta, as well as a portfolio of other wind and solar projects in Alberta and Saskatchewan.

“As Alberta and Saskatchewan begin the transition from coal power generation to renewable energy, we are proud to be partnering with Boralex,” says Marc Stachiw, president of AWEC. “Joint efforts in developing our current and future projects will lead to a more economically and environmentally sustainable electricity supply.”

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