ACCIONA acquires additional stake in Ontario wind farm (Canada)

ACCIONA Energy, a leading global operator of renewable energy projects, today announced that ACCIONA Energy International (AEI), through its Canadian subsidiary, has acquired 50% of the 76 MW Ripley Wind Farm from Suncor Energy Inc. The Ripley Wind Farm was originally built as a joint venture by Suncor and ACCIONA in 2007. With the acquisition, AEI becomes the wind farm’s sole owner and operator.

The Ripley Wind Farm is located near the eastern shore of Lake Huron and generates enough electricity to power 24,000 homes. The facility has a 20-year Power Purchase Agreement in place with the Independent Electricity System Operator

ACCIONA operates wind energy projects across Canada, from the Lameque Wind Farm in New Brunswick to the Chin Chute and Magrath wind farms in Alberta. These wind farms represent a total of 181 MW of capacity, 141 MW of which will be owned by ACCIONA after the Ripley acquisition. The company also supplied construction and operations services for the 102 MW South Canoe wind farm, the largest wind project in Nova Scotia.