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Recently, TransAlta Renewable Energy announced that it has signed an agreement to acquire two wind projects
in the northeastern United States.
One of the wind energy developments is located at a 90-megawatt project in Pennsylvania with a 15-year power purchase agreement
.
Another 29-megawatt project, located in New Hampshire, has signed a 20-year power purchase agreement
.
All three counterparties have S&P credit ratings of A+ or better
.
The total cost of the two projects is estimated at $240 million, of which approximately 70% will be funded in 2018 and the remainder will be completed
in 2019.
The commercial operation date of both projects is expected to be the second half of
2019.
"This acquisition demonstrates our commitment to increasing and expanding our cash flow and expanding our presence
in the U.
S.
by adding long-term contract assets and high-quality counterparties.
”
(This article first published cable network: /, please indicate the source for reprinting)
Recently, TransAlta Renewable Energy announced that it has signed an agreement to acquire two wind projects
in the northeastern United States.
One of the wind energy developments is located at a 90-megawatt project in Pennsylvania with a 15-year power purchase agreement
.
Another 29-megawatt project, located in New Hampshire, has signed a 20-year power purchase agreement
.
All three counterparties have S&P credit ratings of A+ or better
.
The total cost of the two projects is estimated at $240 million, of which approximately 70% will be funded in 2018 and the remainder will be completed
in 2019.
The commercial operation date of both projects is expected to be the second half of
2019.
"This acquisition demonstrates our commitment to increasing and expanding our cash flow and expanding our presence
in the U.
S.
by adding long-term contract assets and high-quality counterparties.
”
(This article first published cable network: /, please indicate the source for reprinting)
/
