in News Departments > Projects & Contracts
print the content item

Alterra Power Corp. has announced that the Dokie General Partnership (DGP), a 51%-49% partnership between Alterra Power and GE Energy Financial Services that owns the Dokie wind farm in British Columbia, has exercised a one-time right in its power purchase agreement (PPA) with B.C. Hydro to increase its firm energy allotment by 10%.

Because the firm energy allotment is the highest-priced tranche of the PPA, the increase in power priced under that allotment is expected to result in an average annualized net revenue increase from DGP of 1.2%, according to Alterra Power.

The increase becomes effective May 1 and is subject to review and renewal every five years for additional five-year periods.

In addition, on Feb. 16, the final completion certificate for Dokie was issued to Mortenson Canada Corp., the major contractor, formally marking the completion of all construction activities.


Mortenson Construction_id2024

Trachte Inc._id1770
Latest Top Stories

Canadian Wind Industry Urges For More Federal Support

The Canadian Wind Energy Association says the country's federal government, once a big industry supporter, should again back wind power.


Wind And Solar Helped California Grid During Challenging Summer

According to the California Independent System Operator, the state suffered from heat waves and drought this year, and wind power played a "significant role" in keeping the lights on.


Recapping The Wind Industry's Third-Quarter Deals

Mercom Capital Group recaps investment and merger and acquisition activity during July, August and September.


Yearly Installed Capacity Figures Already Beat 2013 Numbers, More Wind On The Way: AWEA

While the American Wind Energy Association (AWEA) lobbies Congress to extend the production tax credit, the association notes wind projects now under construction signal a vibrant 2015.


Yahoo Inks Contract To Buy Kansas Wind Power

The Internet company plans to log in to the Alexander wind project, which is being built by community developer OwnEnergy.

Renewable NRG_id1934
Hybrid Energy Innovations 2015
BG 2015DblBox_id2032