Alstom and NaturEner Energy Canada Inc. entered into an agreement for the supply of up to 414 MW of wind turbines to be installed at NaturEner's Wild Rose Projects in Alberta.
The agreement includes 138 ECO 110 3.0 MW wind turbines, and 10 years of maintenance services. This project, amounting to about $546 million, should be booked by Alstom in the fiscal year 2013/14 as soon as Alstom receives the notice to proceed (NTP), which is primarily subject to the financial close of the project and its successful permitting.
This agreement marks Alstom's entry into the Canadian wind energy market. Each high-yield Alstom ECO 110 wind turbine is classified II-A and IS Class with a rotor diameter of 110 meters, ideally suited to maximizing power output from intermediate wind speeds averaging 8.5 m/s. Alstom will assemble the turbine nacelles in its factories located in Amarillo, Texas, and in Buñuel, Spain, and will source other components globally.
After having successfully built 399 MW in the U.S., the Wild Rose projects will add up to 414 MW to NaturEner's operating assets.
The Wild Rose 1 and Wild Rose 2 wind farms will be located on private agricultural land in Cypress County, southeast of the city of Medicine Hat in the province of Alberta. Scheduled to enter commercial operations at the end of 2014 and end of 2015, Wild Rose 1 and 2 will have a total installed generation capacity of about 414 MW.
NaturEner is in active negotiations on long-term energy and environmental attribute sales from the projects.
The province of Alberta is a net importer of electricity — importing roughly 70 TWh annually. Coal and gas power plants produce 82 percent of its domestic power generation capacity. The province currently has 1,117 MW of wind generation capacity installed on its electric transmission system, representing about eight percent of Alberta's total installed generation capacity. Up to 2,000 MW of additional wind power generation could be developed in southern Alberta over the next 10 years.