in News Departments > Projects & Contracts
print the content item

Alterra Power Corp., owner of the 144 MW Dokie wind farm, located in Vancouver, British Columbia, says the Dokie General Partnership has fully funded an $8.9 million required loan reserve and made an initial equity distribution of $1 million to the project partners. With the loan reserves now funded, future distributions are expected to reflect the full benefit of the wind farm's operations, Alterra adds.

According to the company, the Dokie wind farm has performed at 106% of its projected P50 annual forecast production and earned more than $48.1 million in revenue since it began commercial operation in February 2011. Alterra notes that the performance is due to both favorable wind conditions and higher-than-expected turbine availability.


Trachte Inc._id1770
Latest Top Stories

Could New Desert Plan Spell The End Of California Wind Energy Development?

The California Wind Energy Association says it is disappointed with the draft Desert Renewable Energy Conservation Plan, which was recently released by state and federal agencies.


New U.S. House Bill Includes Wind PTC Extension

U.S. representatives have introduced the Bridge to a Clean Energy Future Act of 2014, which would extend the production tax credit (PTC) and other provisions through 2016.


Utility-Scale Wind And Solar Keep Getting Cheaper

A new study measures the levelized cost of energy from various technologies and suggests that the costs of utility-scale wind and solar power are catching up with those of traditional sources, even without subsidies.


The Song Remains The Same: Ontario Seeks More Science Before Lifting Offshore Ban

The Ontario government says the nearly four-year-old offshore wind moratorium will remain in place until the province fully understands the technology’s impact on the environment.


Why States Should Adopt A Renewable Portfolio Standard

A new study analyzes the potential benefits of state renewable energy mandates, as well as recommends what such policies should include.

Renewable NRG_id1934
Canwea_id1984
Future Energy_id2008
UnitedEquip_id1995