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

Senate Passes Tax Extenders Bill With Wind PTC Extension

The legislation, which passed in the U.S. House earlier this month, will renew the critical production tax credit through the end of 2014 - giving developers only about two weeks left to start construction.


Transmission Study Shows Nebraska Could Handle A Lot More Wind Power

A new report released by the Nebraska Power Review Board finds that the state already has enough infrastructure to accommodate at least 2 GW of additional wind generation.


Can Wind Energy And Birds Coexist? Environmental Group Says Yes

The Environmental Defense Fund, a supporter of responsible wind energy development, points out ways to help mitigate impacts of turbines on birds and bats.


Another Study Finds Wind Turbines Do Not Affect Nearby Property Values

Research conducted by the University of Guelph focused on regions in Ontario, and the conclusion echoes that of previous studies.


Too Little, Too Late? U.S. House Approves Wind PTC Extension

The U.S. House of Representatives has passed a tax extenders package that would renew the wind production tax credit (PTC) and about 50 other expired tax breaks through 2014. The wind industry argues the short-term fix is virtually no fix at all.

Hybrid Energy Innovations 2015