TransAlta Awarded 25-year PPA with New Brunswick Power

TransAlta Corporation has been awarded a 25-year power purchase agreement (PPA) to provide 75 megawatts (MW) of wind power to New Brunswick Power Distribution and Customer Service Corporation. TransAlta will construct, own and operate the single-site, 25-turbine wind farm in New Brunswick.

The facility will use 3.0 MW wind turbines purchased from Vestas-Canada Wind Technology Inc. The capital cost of the project is estimated to be CND$130 million. Natural Forces Technologies Inc., a local Atlantic Canada wind developer is TransAlta’s co-development partner. Subject to regulatory and environmental approvals, TransAlta expects construction to commence by early 2008 and plans commercial operations to begin by the end of 2008. Once complete, the Kent Hills wind farm will provide 220,000 megawatt- hours (MWh) per year. With the addition of Kent Hills, TransAlta will operate approximately 260 MW of wind generated power in Canada. The Canadian Wind Energy Association expects the Canadian wind power market, currently at 1,340 MW, to grow to 10,000 MW by 2015. Since its acquisition of Vision Quest Windelectric in 2002, TransAlta has tripled its wind business. “We’ve been building wind farms in Western Canada for 10 years and see this as an opportunity to expand our wind power expertise into a market that has expressed a desire for clean, renewable energy,” said Steve Snyder, TransAlta’s President and CEO.
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