Renewable energy services provider SgurrEnergy says it acted as a lender's consultant for a pair of Nova Scotia community wind projects.
The consultancy says it conducted an independent engineer review for the Travelers Capital Corp. on the Watts Wind II portfolio, which comprises three sites located in the Nova Scotia communities of New Glasgow (6.4 MW), Barrington (3.2 MW) and Wedgeport (1.8 MW). After conducting a technical review and energy yield analysis, Sgurr is now completing construction monitoring on all three sites.
Additionally, the company was also a lender's engineer for the 22 MW ScotianWEB Phase II wind portfolio, on behalf of the project's financial advisor.
Having advised the lender through the financing of the portfolio, SgurrEnergy is now monitoring construction progress of the five sites and will provide completion services to the lender in early 2015, when the portfolio is expected to commence commercial operation.
Both projects are being developed under Nova Scotia's community feed-in tariff program, which pays above market rates for power produced from clean energy sources, SgurrEnergy notes.