TransAlta Gets 25 Year Wind Purchasing Agreement
Rueters reports that TransAlta Corp. has negotiated a 25 year wind power purchase agreement with New Brunswick Power. Under the terms of the agreement, TransAlta will develop and operate a wind farm in New Brunswick and sell the power to New Brunswick Power.
Construction of the wind farm will begin in early 2008. When completed, the wind farm will feature 25 wind turbines and generate enough electricity to power more than 13,000 homes.