First
Wind
will
own
51%
of
the
new
operating
company
with
the
balance
owned
by
Algonquin
Power
and
Utilities
and
Emera
–
both
publicly
traded
on
the
Toronto
Stock
Exchange.
The
Canadian
companies
are
forming
a
separate
joint
venture,
called
Northeast
Wind,
for
this
purpose,
with
Emera,
an
energy
and
services
company,
owning
75%
and
Algonquin,
which
holds
water,
electric
and
natural
gas
utilities,
the
rest.
“This
partnership
brings
together
Algonquin’s
renewable
generation
experience,
Emera’s
financial
capacity
and
marketing
experience
with
First
Wind’s
development
expertise
and
is…
