in News Departments > Projects & Contracts
print the content item

EPCOR Utilities Inc., an Edmonton, Alberta-headquartered developer of power plants and electrical transmission networks, has notified stakeholders that the company will be reexamining plans for the proposed Kingsbridge II wind farm in the township of Ashfield-Colborne-Wawanosh, near the south shore of Lake Huron.

According to the company, based on the current status of required local and provincial approvals, and uncertainties about the time line for certain future approval processes, it has decided to reexamine the project design and schedule, and is terminating arrangements with certain suppliers. The company expects to recognize charges resulting from these decisions - which could be as much as $20 million before taxes - in its financial statements.

The 160 MW Kingsbridge II project was selected by the Ontario Ministry of Energy through a request for proposal process in November 2005, and assigned to the Ontario Power Authority for management. EPCOR's contract for Kingsbridge II remains in effect, the company adds.

IOWA Economic Development id2073

Trachte_id2056
Latest Top Stories

Deepwater Hits Financial Close For Block Island Wind Farm, Expects Summer Construction

The Providence, R.I.-based offshore wind developer becomes the first to financially close on a U.S.-based offshore wind project.


More Investors Entering Tax Equity Market; Returns Holding Steady

The entry of new tax equity investors to the wind space last year re-ignited an old debate.


Report: Top 10 Turbine OEMs Had Record Year In 2014

Preliminary findings suggest Vestas reigned supreme again among the world's leading wind turbine makers. How did some of the other OEMs fare?


AWEA's Gramlich To FERC: Additional Transmission Needed Regardless Of Clean Power Plan

To further build a more balanced and reliable electricity portfolio, the U.S. needs to build more transmission capacity.


Getting A Grip On Grinding Gearboxes: Why Such Events Need Not Be Showstoppers

Despite advances in gearbox reliability - namely, from condition monitoring systems and greater design standardization - challenges remain.

Hybrid Energy Innovations 2015