Ikea has agreed to acquire the 88MW Wintering Hills wind farm in Alberta, Canada from TransAlta and Teck Resources for C$119.6m ($91.3m), in two separate deals.

Ikea awarded Apex Clean Energy a multi-year contract to manage operate the wind farm.

Wintering Hills was commissioned in 2011 using 55 GE 1.6MW turbines, and is located 130km east of Calgary, near Drumheller.

TransAlta, Canada’s largest wind generator, will receive C$61m for its 51% stake in the wind farm, while metal and mining giant Teck Resources will sell its 49% stake for C$58.6m.