EDF EN Canada sells 15% undivided interest in 350MW Riviere-du-Moulin Wind Project

23 August 2016 (Last Updated August 23rd, 2016 18:30)

A unit of EDF Energies Nouvelles Group EDF EN Canada has completed a divestment of 15% undivided interest in the 350MW Riviere-du-Moulin Wind Project to the Regional County Muncipality (RCM) of Charlevoix and Fjord-du Saguenay, the Innu of Mashteuiatsh and Essipit First Nations, and the Huron Wendat Nation, which now hold 5% interest each.

A unit of EDF Energies Nouvelles Group EDF EN Canada has completed a divestment of 15% undivided interest in the 350MW Riviere-du-Moulin Wind Project to the Regional County Muncipality (RCM) of Charlevoix and Fjord-du Saguenay, the Innu of Mashteuiatsh and Essipit First Nations, and the Huron Wendat  Nation, which now hold 5% interest each.

EDF EN Canada has 42.5% ownership in the project and offers management services. 

Besides providing part of the operations and maintenance service, EDF Renewable Services will provide round-the-clock remote monitoring from its Operations Control Center (OCC).

EDF EN Canada's generation director Alex Couture said: "EDF EN Canada is very proud of the relationships developed with the host communities of Rivière-du-Moulin.

"EDF Renewable Services will provide round-the-clock remote monitoring from its Operations Control Center (OCC)."

"This transaction demonstrates the importance we place on developing infrastructure projects in accordance with the community needs.”

The wind project is located in the unorganised territory (UT) of Lac-Pikauba in the RCM of Charlevoix and the UT of Lac-Ministuk in the RCM of Fjord-du-Saguenay. It was commissioned in two phases.

Under the first phase, 150MW was commissioned in November 2014, while the second saw commissioning of 200MW in November 2015.

Approximately $800m has been invested in the project, which employed over 585 workers during peak construction.

EDF EN Canada claimed the project represents the largest wind energy facility in the country under a single power purchase agreement and the largest of eight wind energy projects awarded in 2008, 2010, and 2013 through Hydro-Quebec Distribution call for tenders.

The project will also be the largest onshore wind facility to be developed, built, and put into service by the EDF EN Group.