Feds invest $28.6M in Atlantic Canada wind energy
BATHURST, NB: At the official dedication of the Caribou Wind Park in Bathurst, NB—the first of its kind in the province—Member of Parliament, Tilly O’Neill-Gordon announced a federal investment of up to $28.6 million in wind energy projects.
The investment will be distributed over the next ten years through the ecoENERGY for Renewable Power program.
The Caribou Wind Park, which was constructed by GDF SUEZ Energy North America and commercially operational in December 2009, is a 99-megawatt facility located 70 km northwest of Bathurst.
The wind park consists of 33 wind turbines that produce two per cent of the province’s electricity needs, through a 20-year power purchase agreement with New Brunswick Power.
“This project is an innovative example of a clean energy technology that’s helping to create high-quality jobs and a sustainable energy source for New Brunswick’s future,” said O’Neill-Gordon.
For GDF SUEZ, this is its third wind facility partnership with ecoENERGY—a $1.5-billion program that provides a one-cent per kilowatt-hour incentive.