SgurrEnergy Supports Financial Close Of B.C. Wind Portfolio

Posted by Lauren Tyler on April 21, 2016 No Comments
Categories : Projects & Contracts

Glasgow, Scotland-based SgurrEnergy says it has supported the financial close of a 30 MW portfolio of wind projects in British Columbia.

SgurrEnergy, a Wood Group business, supported project sponsor InstarAGF Asset Management Inc. with lender’s technical due diligence on the Zero Emissions Developments wind energy portfolio.

The scope consisted of an energy yield analysis and full review of site suitability, technology, design, construction contracts and financial models. SgurrEnergy will also undertake construction-monitoring services.

Each site will use five 3.2 MW Senvion turbines. The projects will comply with the British Columbia Standing Offer Program, which encourages the development of clean energy projects up to 15 MW throughout the province.

Construction will begin in the next few weeks, and commercial operations are expected by the first quarter of 2017.

“In a province that is dominated by hydropower, it is great to see wind energy projects come to fruition,” states Matthew Irvine, senior consultant at SgurrEnergy. “Having worked on these projects since 2014, the team is delighted to see them achieve financial close and move towards commercial operation.”

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