RES, Boralex Awarded 50 MW Wind Contract Through Ontario’s LRP

Posted by Lauren Tyler on March 11, 2016 No Comments
Categories : Projects & Contracts

Renewable Energy Systems Canada Inc. (RES), as qualified applicant, and its partner, Boralex Inc., have been awarded a large renewable procurement (LRP) contract from the Independent Electricity System Operator (IESO) for the 50 MW Otter Creek Wind Farm Project.

The IESO recently released a list of 16 contracts offered under its LRP I program. They represent a total of 454.8 MW of renewable energy capacity.

The Otter Creek project, situated on private lands in the Municipality of Chatham-Kent, Ontario, is targeted to reach commercial operations by the end of 2019.

RES and Boralex have also obtained the support of the Walpole Island First Nation for the project. The ownership currently stands as follows in the limited partnership interests: RES at 51%, Boralex at 38.5% and the Walpole Island First Nation at 10.5%. Following commercial operations, the Municipality of Chatham-Kent has also been granted an option to participate in the project at up to 15% of the limited partnership interests.

The developers say the partnership will help organize public meetings in the area of the project to further engage with the communities, describe the benefits and present the latest evolutions of the facility.

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