Juhl Energy buys pair of Canadian wind power projects

Juhl Energy bought two wind energy projects — 1.65 MW in size each — in New Brunswick from renewable energy developer Terravis Wind.

Both projects have Interconnection and power purchase agreements with NB Power and are in the final stages of development, according to Power Engineering. The company said it expects to secure and finalize financing by the third quarter of 2013 and begin on-site construction activities by late 2013.

“The acquisition of the TerraRidge and TerraVista projects, each of which are 1.65 MW in size, represents our first two renewable energy projects that will be located outside of the United States,” said Corey Juhl, vice president of Development for Juhl Energy. “As we expand our reach throughout North America, Juhl is actively seeking to partner with and/or acquire mid-stage wind project developments that fit our current growth strategy.”

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