Algonquin’s
partner
Emera
,
parent
of
electric
utility
Nova
Scotia
Power,
says
it
will
now
make
that
investment
in
addition
to
$250m
pledged
earlier
to
acquire
37%
of
seven
wind
projects:
four
in
Maine,
two
in
New
York
State
and
one
in
Vermont.
The
two
companies
had
formed
a
joint
venture
to
control
49%
of
the
wind
assets
through
a
new
operating
company
JV
Holdco.
First
Wind,
a
developer
and
wind
farm
operator
based
in
Boston,
would
own
51%
and
be
managing
partner.
First
Wind
would
continue
developing
projects…
