A consortium composed of Axium Infrastructure (Axium), Alberta Teachers’ Retirement Fund Board (ATRF) and Manulife Financial Corporation (Manulife), has announced the completion of the acquisition of Samsung Renewable Energy’s one-third interest in the K2 Wind Facility (K2).
The remaining two-thirds interest is held, in equal proportion, by Pattern Energy Group Inc. and Capital Power Corporation. K2 is a 270MW wind power facility located near Goderich, Ontario, which achieved commercial operations in May 2015. The wind facility is comprised of 140 Siemens SWT-2.3 101 wind turbines. The project operates under a 20-year power purchase agreement with the Independent Electricity System Operator (IESO).
