Algonquin Power & Utilities Projects Accepted By Hydro-Quebec

Algonquin Power & Utilities Corp. has announced that Hydro-Quebec Distribution has accepted proposals for the purchase of energy from the 24 MW Saint-Damase and 24 MW Val-Eo wind projects.

The Saint-Damase project is expected to consist of 12 2 MW Enercon Canada Inc. E-82 wind turbines. Construction of the project is scheduled to begin in early 2013, with a commercial operations date later that year.

The Val-Eo project is expected to consist of eight 3 MW Enercon E-101 wind turbines generators. Construction of the project is expected to begin in early 2015, with commercial operations occurring later that year.

Final funding of the projects will be arranged and announced when all required permitting has been met and all other pre-construction conditions have been satisfied. Preliminary permitting will begin for both projects in early 2011, with all major authorizations targeted for completion by the end of 2012.

SOURCE: Algonquin Power & Utilities Corp.


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