LOCATION/TYPE

NEWS HOME

[ exact phrase in "" • results by date ]

[ Google-powered • results by relevance ]


Archive
RSS

Add NWW headlines to your site (click here)

Get weekly updates

WHAT TO DO
when your community is targeted

RSS

RSS feeds and more

Keep Wind Watch online and independent!

Donate via Paypal

Donate via Stripe

Selected Documents

All Documents

Research Links

Alerts

Press Releases

FAQs

Campaign Material

Photos & Graphics

Videos

Allied Groups

Wind Watch is a registered educational charity, founded in 2005.

News Watch Home

Wind project gets green light 

Credit:  Darrell Cole, www.cumberlandnewsnow.com 13 June 2011 ~~

AMHERST – Construction of wind farm proposed for the marsh near Amherst is expected to begin soon after Sprott Power announced Monday that it has entered a partnership with Firelight Infrastructure Partners LP to own, finance and operate the 31.5 mw project.

The Amherst project was purchased by Sprott Power from Acciona in March and is supportedby a 25-year power purchase agreement with Nova Scotia Power. It will use 15 turbines that should be on site as early as this fall with their erection planned for later in the fall.

“We are extremely pleased to complete the necessary turbine and construction supply contracts and the financial arrangements necessary to bring the Amherst Project to fruition Sprott Power appreciates the landowner’s and the community of Amherst’s support for this project through its development and their belief in our ability to make this project a reality. We are also grateful for the support of the Province of Nova Scotia, as well as the professionalism of NSPI in assisting us in a very short time frame,” said Sprott Power president and CEO Jeff Jenner

The Amherst Project partners signed a contract with Suzlon Wind Energy Corporation in which Suzlon will provide the wind turbines as well as supportive services of engineering, procurement, construction and commissioning. Pursuant to a 10-year warranty, maintenance and service agreement, Suzlon will also provide operation and maintenance services for the Amherst Project.

The partners also announced today the commitment by Ontario Pension Board and Canada Life Assurance to provide a secured long-term non-recourse debt facility of up to $45 million in connection with the Amherst Project. The debt facility was arranged by Stonebridge Financial Corporation and is subject to certain conditions and final documentation.

Source:  Darrell Cole, www.cumberlandnewsnow.com 13 June 2011

This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.

The copyright of this article resides with the author or publisher indicated. As part of its noncommercial educational effort to present the environmental, social, scientific, and economic issues of large-scale wind power development to a global audience seeking such information, National Wind Watch endeavors to observe “fair use” as provided for in section 107 of U.S. Copyright Law and similar “fair dealing” provisions of the copyright laws of other nations. Send requests to excerpt, general inquiries, and comments via e-mail.

Wind Watch relies entirely
on User Funding
   Donate via Paypal
(via Paypal)
Donate via Stripe
(via Stripe)

Share:

e-mail X FB LI TG TG Share


News Watch Home

Get the Facts
CONTACT DONATE PRIVACY ABOUT SEARCH
© National Wind Watch, Inc.
Use of copyrighted material adheres to Fair Use.
"Wind Watch" is a registered trademark.

 Follow:

Wind Watch on X Wind Watch on Facebook

Wind Watch on Linked In Wind Watch on Mastodon