Suncor gets approval for Alberta wind power project

Mon Jun 7, 2010 3:47pm EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

CALGARY, Alberta (Reuters) - Suncor Energy Inc, Canada's largest energy company, said on Monday it has regulatory approvals in hand for its planned 88-megawatt Wintering Hills wind power project in Alberta.

The project, 125 kilometers (78 miles) northeast of Calgary, will use 55 1.6-megawatt windmill turbines to provide enough power for 35,000 homes and offset 200,000 tonnes of carbon dioxide emissions annually.

Suncor expects construction to begin this summer and be completed by the end of 2011.

The project was cleared by the Alberta Utilities Commission, which regulates electricity developments in the province.

The project will be Suncor's fifth wind farm. Its existing portfolio of renewable power projects in Alberta, Saskatchewan and Ontario, has a combined capacity of 147 megawatts.

Suncor did not say how much it expected to spend on Wintering Hills.

Suncor shares were down 23 Canadian cents at C$32.23 at midafternoon on Monday on the Toronto Stock Exchange.

($1=$1.05 Canadian)

(Reporting by Scott Haggett; editing by Peter Galloway)