EDPR secures 15-year PPA for a 297 MW wind project in Canada

EDP Renováveis (EDPR) strengthened its business in Canada, after securing a 15-year Power Purchase Agreement (PPA) with TransCanada Energy to sell green energy produced by the Sharp Hills wind farm, located in the province of Alberta,

In a statement sent to CMVM, the Portuguese company announced the 297 MW wind farm is expected to start operating in 2023. With this new agreement, EDPR has now 0.4 GW of capacity secured in Canada.

The farm will also generate enough clean electricity to power the equivalent of 164,000 homes and will save approximately 2 billion litres of water per year, as well as avoid estimated annual emissions of 700,000 tonnes of CO2, EDP Renováveis says in the statement.

Sharp Hills is EDP Renováveis’s third wind farm in the country, joining the 30 MW South Branch farm and the 100 MW Nation Rise Branch farm, both operational and located in Ontario.

The company led by Miguel Stilwell also refers that “securing new PPAs reinforces its low-risk profile and growth strategy based on the development of competitive projects with long-term visibility.”