Premier Greg Selinger announced in March 2010 the St. Joseph's wind project in southern Manitoba, west of highway 75, and just north of the US Canada border, will go ahead. The 138-megawatt wind project got the go ahead with a 27- year power purchase deal between Manitoba Hydro and Pattern Energy Group.
St. Joseph's wind project have been in the works since 2008 but were on hold due to parent financing company Babcock and Brown financial difficulties. Pattern Energy of San Francisco bought Babcock and Browns projects including the St. Josephs project. The project had been downscaled from its original 300 megawatts to 138 mw, including a change in type of wind turbine.
Pattern Energy will invest $95 million and Manitoba Hydro will loan 260 million to the company. Construction is to be finished by spring 2011 with 60 turbines up and running.
The Manitoba government announcement coincided with the 2010 Budget Address in the Manitoba Legislature.
View Public Registry for St. Joseph Wind Energy Project
View March 4, 2010 Red River Valley Echo news article
View March 21, 2010 CBC News article
View March 22, 2010 Manitoba Government press release
View March 24, 2010 Project Finance article
Sources: CBC News, Manitoba Government |