The Alberta Investment Management Corporation (AIMCo) has agreed to acquire a 49% stake in Enel Green Power’s two winning wind projects from Alberta’s recent renewables tender, as the state-run pension manager continues expanding its renewables footprint.
Enel Green Power North America, a unit of the Italy’s Enel, was one of three winners in the Canadian province of Alberta’s fiercely competitive first renewables tender, scoring contracts in December for its 115MW Riverview project and a 31MW expansion of its existing Castle Rock Ridge wind farm.
