The
project
is
not
named
in
an
Algonquin
statement,
but
is
most
likely
to
refer
to
the
109.5MW
Shady
Oaks
Wind
Farm
in
Lee
County,
Illinois.
Algonquin
tells
investors:
“Discussions
are
continuing
and
there
is
no
certainty
as
to
whether
a
binding
agreement
will
be
reached.
A
further
announcement
will
be
made
in
due
course,
if
appropriate.”
Shady
Oaks
sells
its
power
to
Commonwealth
Edison
under
a
20-year
purchase
agreement.
Goldwind
bought
the
wind
farm
from
Irish
developer
Mainstream
Renewable
Power
in
2010.
The
Chinese
group’s
chief
executive
Wu
Gang
recently
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