Acciona Energy International obtains full ownership of the 76-MW Ripley Wind Farm

ACCIONA Energy, a leading global operator of renewable energy projects, today announced that ACCIONA Energy International (AEI), through its Canadian subsidiary, has acquired 50% of the 76 MW Ripley Wind Farm from Suncor Energy Inc. The Ripley Wind Farm was originally built as a joint venture by Suncor and ACCIONA in 2007. With the acquisition, AEI becomes the wind farm’s sole owner and operator.

The Ripley Wind Farm is located near the eastern shore of Lake Huron and generates enough electricity to power 24,000 homes. The facility has a 20-year Power Purchase Agreement in place with the Independent Electricity System Operator

ACCIONA operates wind energy projects across Canada, from the Lameque Wind Farm in New Brunswick to the Chin Chute and Magrath wind farms in Alberta. These wind farms represent a total of 181 MW of capacity, 141 MW of which will be owned by ACCIONA after the Ripley acquisition. The company also supplied construction and operations services for the 102 MW South Canoe wind farm, the largest wind project in Nova Scotia.

ACCIONA Energy is a global operator in renewable energies with over 20 years’ experience in the sector. It owns and operates 220 wind farms totaling 7,308 MW; 79 hydro plants (888 MW); 6 CSP plants (314 MW); photovoltaic plants totaling 389 MWp and three biomass plants (61 MW). The company develops projects for customers in wind and photovoltaic power, and markets power to large customers.

It belongs to the ACCIONA Group, a leader in sustainable solutions for infrastructures and renewable energy projects worldwide. Its range of services covers the entire value chain of design, construction, operation and maintenance. The company earned revenues of 5,977 million euros in 2016, has a presence in more than 40 countries and carries out its activities within a commitment to the economic and social development of the communities it operates in. ACCIONA’s aim is to lead the transition to a low-carbon economy, and does this by applying criteria of quality and innovation processes to all its projects with a view to optimizing the efficient use of resources and caring for the environment.