Greengate Power Signs Agreement With Canadian Government For Wind Project

Posted by NAW Staff on December 09, 2009 No Comments
Categories : Projects & Contracts

Calgary, Alberta-based Greengate Power Corp. has signed a contribution agreement with the government of Canada for funding of its Halkirk I Wind Project under the ecoENERGY for Renewable Power program.

The 150 MW Halkirk I Wind Project is located in central Alberta. As per the requirements of the Alberta Utilities Commission, Greengate recently completed its final round of public consultation for the Halkirk I Wind Project with no outstanding public objections, according to the company.

The project is scheduled to begin construction in 2010 with a target commercial operation date in the first quarter of 2011. Upon completion, the project will receive C$10/MWh for 10 years from Natural Resources Canada, a total funding commitment worth approximately C$46 million.

SOURCE: Greengate Power Corp.

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