Energy & Power
Cash in hand, Samsung & Pattern to commence Grand Renewable Wind
September 17, 2013 By Anthony Capkun
September 17, 2013 – Samsung Renewable Energy Inc. and Pattern Energy Group LP say they have completed financing for the 150MW Grand Renewable Wind (GRW) project in Haldimand County, Ontario.
More than 1000 workers from across Ontario will be involved in every aspect of the wind project, say the partners: from manufacture and assembly of the wind turbine components to site construction, installation work and project operations. The wind project will begin construction soon, they say, and is scheduled to be completed in the fall of 2014.
“Pattern is very pleased to be starting the construction of our second project in Ontario, both of which will use towers and blades manufactured, respectively, in Tillsonburg and Windsor,” said Mike Garland, CEO of Pattern.
The Grand Renewable Wind project will support the local economy with more than $4 million in direct spending each year of project operations. This includes funding for community initiatives with a contribution of about $10 million over a period of 20 years to a Community Vibrancy Fund.
GRW will utilize 67 Siemens 2.3MW wind turbines, which will be made in Ontario. The blades will be manufactured at Siemens’ turbine blade facility in Tillsonburg, while and CS Wind’s facility in Windsor is using Ontario-made steel to manufacture the turbine towers.
The wind power generated at GRW will be sold to the Ontario Power Authority under a power purchase agreement.
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