FREDERICTON - A company building wind farms in New Brunswick has been awarded a 25-year power-purchase agreement to expand the Kent Hills site by 54 megawatts.
TransAlta (TSX:TA) will expand its existing 96 megawatt facility which began operation in December of 2008.
TransAlta expects construction to start early this year, with the facility to be in service by the end of the year.
Once the expansion is finished, the wind farm is expected to provide enough energy to power 9,000 homes.
The capital cost of the project is an estimated $100 million.
Today's announcement follows an NB Power request for proposals last June for the purchase of up to 100 megawatts of wind energy.
