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Wind to power shopping centres and offices in Alberta
1 September 2004
One of Canada's largest property management companies will use wind to help power six shopping centres and two professional offices in Alberta. Ivanhoe Cambridge, which has a real estate portfolio worth about C$6.8 billion, has reached a five year agreement with Calgary's Enmax Corporation to buy 23,700 MWh of wind power annually, enough to meet about one-quarter of the electricity needs at the eight facilities. The agreement, say the companies, represents the largest wind power purchase in the North American shopping centre industry. The wind power will come from projects in southern Alberta including McBride Lake, which is half-owned by Enmax.
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