in News Departments > Projects & Contracts
print the content item

Greenbriar Capital Corp., a Vancouver-based real estate and energy project developer, has executed a letter agreement to purchase a 100% interest in an 80 MW wind project located in Utah.

Terms of the acquisition were not disclosed, and Greenbriar did not name the project or the seller.

According to the company, the acquisition will comprise permits and permit applications; various studies; on-site wind data and met towers; all applicable consents and approvals for the project; wind energy land leases; and the nearly completed power purchase agreement for 80 MW.

Greenbriar will commence the completion of the land entitlement process, invest in the real property, engage project lenders and place requests for proposals contractors and turbine vendors. The agreement is subject to the execution of final definitive agreements; however, Greenbriar notes, the agreement does contain some binding provisions.

"We are pleased to be involved with helping Utah achieve energy independence and providing the Utah ratepayers with clean, reliable and affordable 100% carbon-free electricity,” says Jeff Ciachurski, CEO of Greenbriar Capital.

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.

Canwea_id1984
Renewable NRG_id1934
Hybrid Energy Innovations 2015
BG 2015DblBox_id2032