By Richard A. Kessler in Fort Worth
Thursday, November 14 2013
Updated: Thursday, November 14 2013
Ireland's Mainstream has begun construction of the project, which has been budgeted at C$90m ($85.6m.)
It is expected to be operational in the autumn of 2014, at which point IKEA will purchase the plant. Mainstream will operate and maintain the facility.
German manufacturer Siemens will supply, deliver and commission 20 SWT-2.3-101 wind turbines with a hub height of 80 metres and blade length of 49 metres.
Oldman 2 represents Siemens' first deal in the Alberta wind market.
The project will be wholly-owned by IKEA Canada, making it the largest wind farm owned by a Canadian retailer.
“This wind farm will deliver power to the Alberta grid at the prevailing market price, and is a clear demonstration that wind generation is a viable form of electricity production and one that cannot be ignored,” says Mainstream chief executive Eddie O’Connor.
Oldman 2 is the second wind farm IKEA has agreed to purchase from Mainstream. The two sides announced a deal for the Carrickeeny Wind Farm in Ireland in August.
The IKEA Group plans to invest £1.5bn in wind energy and solar programmes up to 2015. Wind energy is a key part of IKEA Group’s sustainability strategy to generate as much renewable energy as it consumes by 2020.
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