Copenhagen Infrastructure Partners (CIP) has begun construction on Buffalo Plains, a 495 MW wind farm consisting of 83 Siemens Gamesa turbines, located in Vulcan County, Alberta.
On behalf of its Copenhagen Infrastructure IV fund, CIP acquired Buffalo Plains in 2022 from ABO Wind. The project will produce enough energy to power more than 240,000 Alberta homes, says the company.
“We are pleased to announce the start of construction on the Buffalo Plains wind project, an important step in expanding our portfolio of best-in-class renewable energy projects in North America,” says Tim Evans, partner and head of North America at CIP.
Buffalo Plains represents CIP’s second investment in Canada, following its investment in Travers Solar – Canada’s largest solar project – which completed construction in 2022.
Buffalo Plains is part of the 29 GW portfolio of renewable generating assets – including offshore wind, onshore wind, solar PV, battery storage, pumped storage hydro and transmission – that CIP has in development, construction or operation across North America.
Norton Rose Fulbright and FIH Partners supported CIP on the transaction. Borea will be responsible for the construction of the project.
Amazon has signed a power purchase agreement to procure 415 MW of output from Buffalo Plains.
“Amazon has signed a power purchase agreement to procure 415 MW of output from Buffalo Plains.” So 495-415=80 MW is all they have left to sell? Or has that been sold too?