Name: Kingsbridge 1 Location: Near Goderich, Ontario, Canada Fuel source: Wind Type of generating plant: Wind turbine Year commissioned: 2001 | 2006 Owned Capacity: 40 MW % Owned/Operated: 100/100
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- Located in the Township of Ashfield-Colborne-Wawanosh, within 200 kilometres of major load centres in the Greater Toronto Area
- Favourable wind conditions from Lake Huron
- The wind turbines are located on land leased from local landholders
- A subsidiary of Capital Power has secured additional leases on sites close to the existing wind farm, which may provide further growth opportunities
- Operates under the terms of two energy supply contracts with the Ontario Power Authority, which expire in 2027
- Receives wind power production incentive payments, to a maximum of approximately $1.1 million annually, from the Government of Canada’s Wind Power Production Incentive Program (through to March 2016)
- Provides long-term, contracted, stable cash flows
- Provides a market presence to help Capital Power pursue larger wind development projects, such as the proposed K2 Wind Ontario wind project
Last Updated: April 2, 2013