International Power signs 20-year power purchase contracts with OPA
Output at two Ontario wind farms expected to start in 2013
TORONTO—International Power Canada, Inc. has secured 20-year Power Purchase Agreements (PPAs) with the Ontario Power Authority for the output from its 99 mega-watt Erieau and 99 mega-watt East Lake St. Clair wind projects in southwestern Ontario.
The PPAs are scheduled to start in 2013.
“The Erieau and East Lake St. Clair wind projects are strategic additions to our North American renewable footprint,” says Mike Crawley, president of International Power.
“We will be one of the largest wind generators in Ontario with more than 350 mega-watts of capacity.”
The Erieau and East Lake St. Clair projects are estimated to cost approximately $300 million each and consist of 55 Vestas V90 1.8 mega-watt turbines. They will create approximately 250 construction jobs and 12 permanent operating and maintenance positions.
During construction, the projects are expected to infuse approximately $50 million into the local economy.
International Power operates 25 facilities powered by wind, biomass, and conventional hydro energy, totaling a capacity of 589 mega-watts.
In Canada, the company operates five wind farms totaling 287 mega-watts in the Maritimes and Ontario.