Deal In Brief
Capstone Infrastructure Corp, through its subsidiary Wild Rose 2 Wind LP, has agreed to invest CAD360 million in the construction and development of Wild Rose 2 wind farm located in Alberta, Canada. The total installed capacity of the wind farm is 192 MW. The investment per MW will be USD1.4 million
The Wild Rose 2 wind farm will be constructed in Cypress County, Alberta, approximately 35 km southeast of Medicine Hat, and will benefit from the exceptionally high wind resource in the area. The construction is expected to begin later this year. Wild Rose 2 will generate approximately 200 person-years of employment during construction and offset approximately 340,000 metric tonnes of CO2e annually when commercial operation begins.
|Deal Value (US$ Million) ||278.31 |
|Deal Type ||Acquisition |
|Sub-Category ||Asset Purchase |
|Deal Status ||Announced: 2022-06-22 |
(Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Marketline shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon.)