in News Departments > Projects & Contracts
print the content item

Algonquin Power Co., (APCo) a subsidiary of Algonquin Power & Utilities Corp., has acquired a 60% interest in two wind farms belonging to Gamesa.

APCo acquired a majority interest in the 200 MW Minonk wind project, located in Illinois, and the 150 MW Senate wind Project, located in Texas. APCo has also increased its interest in the Pennsylvania-based 50 MW Sandy Ridge wind project to 60% from 58.75%.

Both wind farms feature Gamesa's G9X 2 MW wind turbines and are contracted with long-term power contracts from J.P. Morgan Energy Ventures Corp.

Gamesa will provide operations, warranty and maintenance services for the wind turbines and balance of plant facilities for both Minonk and Senate, pursuant to 20-year agreements, notes APCo.


Trachte Inc._id1770
Latest Top Stories

Wind Energy Dominates New U.S. Power In October

Data from the Federal Energy Regulatory Commission shows that wind power accounted for over two-thirds of the country's new electricity generating capacity in last month.


Are Fitch Ratings' Claims About Wind Farm Underperformance Unfounded?

A recent report from Fitch Ratings suggests that wind farms underperform due to an overestimation of wind resources, but AWS Truepower says the analysis misses the mark.


SunEdison Buying First Wind In $2.4 Billion Deal

Global solar company SunEdison and its yeildco have announced an agreement to buy the Boston-based developer, a major player in the U.S. wind industry.


U.S., China Reach Ambitious Climate Change Accord

The agreement between the global superpowers leans heavily on the deployment of renewable energy, such as wind and solar.


What The Midterm Elections Mean For The U.S. Wind Industry

Both chambers of Congress are now under Republican control for the first time since 2006. How will wind energy fare?

Renewable NRG_id1934
Hybrid Energy Innovations 2015