Pattern Energy inks power purchase deal with Hydro-Quebec for 147 MW Mont Sainte-Marguerite wind project

photo credit Nasdaq

Pattern Energy has entered into a 25-year power purchase agreement with Hydro-Québec for 147 MW Mont Sainte-Marguerite wind project.

Renewable Energy Systems Canada (RES Canada) will also partner with Pattern Energy for developing this project.

Pattern Energy has acquired 100 percent of the project by purchasing RES Canada’s stake.

The facility utilizes 46 of Siemens 3.2 MW direct drive wind turbines.

In addition, the project will utilize turbines components sourced from Québec, leveraging the skilled labor force and manufacturing facilities in the province.

The facility is expected to begin construction in the third quarter of 2016 and reach commercial operation in December 2017.

Upon completion, the plant is scheduled to generate enough power for around 27,000 homes annually.

The project is located at the south of Québec City, in the Chaudière-Appalaches, a region with strongest wind resources.

Moreover, the project will provide nearly $735,000 annually to Pattern Development’s community partners, the municipalities of Saint-Sylvestre and Saint-Séverin, who remained active participants in the development of the project.

In addition, the project will employ almost 200 skilled workers on site at the peak of construction activity in addition to creating 10-12 permanent jobs once operational.

Siemens is also supplying 87 of SWT-2.3-108 wind turbines for the Logan’s Gap Wind project in the US developed by Pattern Energy.

The 200-MW project, located in Comanche County, Texas, will create clean energy to power 50,000 homes in Texas annually.

In another initiative, Pattern Development has acquired a majority stake in Green Power Investment (GPI), based in Tokyo, Japan.

The acquisition is expected to promote the expansion of wind and solar project assets in Japan.

Moreover, the acquisition will add up 1,000 MW of near and longer term projects going through various stages of development.

Recently, Amazon has signed a 13-year partnership with Pattern Energy for the construction and operation of a 150 megawatt wind farm.

Sabeena Wahid