Val-Eo project is a 125MW onshore wind power project. It is planned in Quebec, Canada. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the partially active stage. It will be developed in multiple phases. The project construction is likely to commence in 2016 and is expected to enter into commercial operation in December 2021. Buy the profile here.
The project is being developed and currently owned by Algonquin Power & Utilities and Val-Eo Cooperative de solidarite. The company's ownership stake in the project stands as 74.99% and 24.99% respectively.
The Val-Eo project (Val-Eo project Phase 1), will have 113m high towers.
The project construction is expected to commence from 2016. Subsequent to that it will enter into commercial operation by December 2021.
Power purchase agreement
The power generated from the Val-Eo project (Val-Eo project Phase 1) will be sold to Hydro-Quebec under a power purchase agreement for a period of 20 years.
Enercon is expected to render engineering procurement construction services for the Val-Eo project (Val-Eo project Phase 1).
Val-Eo project (Val-Eo project Phase 1) will be equipped with Enercon E-126 EP3 turbines. The phase consists of 6 turbines with 4MW nameplate capacity.
For more details on Val-Eo project, buy the profile here.
About Algonquin Power & Utilities
Algonquin Power & Utilities Corp (AQN) is a diversified utility company. It generates, transmits and distributes electricity, natural gas and water utility services. The company generates electricity through renewable and thermal generation facilities. AQN owns a direct or indirect interest in solar, wind, hydroelectric, and thermal energy projects. The company has electricity distribution operation in Arkansas, California, Kansas, Missouri, New Hampshire, and Oklahoma; natural gas distribution operation in in Georgia, Illinois, Iowa, Missouri, Massachusetts, New York , New Hampshire and Brunswick, Canada; and conducts water distribution and wastewater collection in Arizona, Arkansas, California, Illinois, Missouri, Texas and also overseas in Chile. It also invests in various renewable energy development projects. The company operates in North America. AQN headquartered in Oakville, Ontario, Canada.