Vancouver: Boralex Inc. and Alberta Wind Energy Corporation (AWEC) announce the creation December 15 of the Alberta Renewable Power Limited Partnership, owned approximately 52% and 48% respectively by the two companies.
The two companies call their collaboration “a unique opportunity to leverage the mutual expertise of Boralex and AWEC in the development of wind and solar projects in Alberta.”
Based in Quebec, Boralex owns 1108 MW of projects in operation in Canada, United States and in France. AWEC was formed in 2003 to develop independent wind farm projects. The company is currently focused on developing several sites.
"As Alberta and Saskatchewan begin the transition from coal power generation to renewable energy, we are proud to be partnering with Boralex", says Marc Stachiw, President of AWEC. "Joint efforts in developing our current and future projects will lead to a more economically and environmentally sustainable electricity supply."
Boralex and AWEC note that they are looking forward to preparing the Windy Point and Old-Elm/Pothole projects for the upcoming Renewable Electricity Program (REP) competitions in Alberta, as well as a portfolio of other projects in Alberta and Saskatchewan.