Lease agreement signed for Campbellton wind farm
Published Wednesday April 1st, 2009
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FREDERICTON - A lease agreement to build what will be the most powerful wind farm in New Brunswick was signed yesterday.
The 99-megawatt wind farm will be located south of Campbellton. The province signed a Crown lease agreement that will permit Caribou Wind Park GP Ltd., a subsidiary of GDF SUEZ Energy North America, to develop the infrastructure.
Natural Resources Minister Wally Stiles said energy power from the wind farm will be significant in the province's goal of obtaining 400 megawatts of energy from wind power, all by next year.
The 20-year lease covers a 35-hectare, highland-terrain site on which the company intends to build 33 turbines, each capable of producing three megawatts of electrical power that will feed into the NB Power transmission grid. It is expected to generate more than $7 million in revenue.
Since 2007, more than two dozen licences covering more than 130,000 hectares of Crown land have been granted or are under review for wind power exploration in the province.
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