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Major petroleum player Enbridge takes one-third share in Alberta wind farm
1 June 2004
A major player in Canada's petroleum industry has taken a one-third share in a 30 MW wind farm under construction in southern Alberta. Enbridge Inc, which operates the world's longest crude oil pipeline system and Canada's largest natural gas distribution company, has become an equal partner with Calgary-based Suncor Energy and Spain's Corporacion Energia Hidroeléctrica de Navarra (EHN) in the C$48 million Magrath Wind Power Project. Enbridge will pay one-third of the project costs and intends to buy one-third of the power output of the project for its pipelines system. The wind purchase covers about 13% of the total power requirements of Enbridge Pipelines in Alberta. Enbridge's participation in the Magrath project "further positions the company to become a significant player as the wind energy industry develops," says the company. The Magrath project of 20 GE Energy 1.5 MW turbines, is scheduled to be commissioned in the fall. Enbridge already owns a half-share of the 11.2 MW Sunbridge wind farm in Saskatchewan, partnering with Suncor on that project too.
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