Ontario Wind Project Secures Financing, Moves To Construction Phase

NAW Staff, Tuesday 12 March 2013 - 12:22:15

Samsung Renewable Energy Inc. and Pattern Energy Group LP say they have obtained financing for the 270 MW South Kent Wind project, which will be built in Ontario.

With financing secured, the project can move into the construction phase. The South Kent Wind project will utilize 124 Ontario-made turbines, including towers manufactured at CS Wind's factory in Windsor and blades produced at Siemens' factory in Tillsonburg.

Samsung notes that the project is an important part of the company’s $7 billion investment in Ontario and goal of building and operating 2.5 GW of wind and solar power. Through this investment, Samsung and its partners are establishing four manufacturing facilities in Windsor, Toronto, Tillsonburg and London, creating 900 new manufacturing jobs and 16,000 jobs overall.

Samsung and Pattern are also collaborating on three other wind energy projects in Ontario: the 150 MW Grand Renewable Energy Park, in Haldimand County; the 270 MW K2 Wind project, in the township of Ashfield-Colborne-Wawanosh; and the 180 MW Armow Wind project, in the municipality of Kincardine.




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