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