Pattern Development will partner with Nigig Power Corporation, owned by Henvey Inlet First Nation, on the project in Parry Sound District.
The wind project has secured a 20-year power purchase agreement with the Ontario Power Authority for all its production.
Pattern said it expects to arrange construction and long-term debt financing for Henvey Inlet in 2016.
The San Francisco-based developer said the wind farm will be well placed to tap into the “strong and steady winds blowing across the Georgian Bay.
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