Energy & Power
K2 Wind Power Project complete $850M financing, starts construction
By Alyssa Dalton
April 2, 2014 – Back in February 2014, we reported that Ontario’s K2 Wind Power Project has begun hiring workers to construct what it says is one of the province’s most promising renewable energy projects. Now, workers are beginning to build the 270MW project, which broke ground following the successful completion of $850 million financing.
In total, more than 1000 workers from across southwestern Ontario will be involved in the manufacturing and assembly of the wind turbines, as well as site construction and operations.
Once operational in the second half of 2015, K2 Wind will generate power for about 100,000 Ontario homes each year. It is developed jointly by Samsung Renewable Energy, Pattern Energy Group (Pattern Development) and Capital Power.
“The project team has worked diligently to plan the project with the highest attention to environmental performance,” said Paul Wendelgass, project lead for Capital Power. “We engaged local residents and stakeholders throughout the process, and are implementing a number of approaches to share project benefits with the larger community.”
Local dairy farmers Jennifer and Don Miltenburg will be hosting a turbine on their farm. “I am personally really proud to have a wind turbine on my land. To me it represents the direction that we all need to be heading, toward greener sources of power,” she said.