Capstone has acquired the remaining interest in Glen Dhu, a 62.1-MW wind facility and the remaining interest in Fitzpatrick, a 1.6-MW wind facility.
Capstone Infrastructure Corporation has announced that it has acquired the remaining interests in Glen Dhu Wind Energy Limited Partnership (Glen Dhu) and Fitzpatrick Mountain Wind Energy,
On December 31st, 2017, Capstone acquired the remaining 51% interest in Glen Dhu, a 62.1-MW wind facility located near Merigomish, Nova Scotia, and the remaining 50% interest in Fitzpatrick, a 1.6-MW wind facility located near Pictou, Nova Scotia, increasing Capstone’s interests in both to 100%.
Glen Dhu and Fitzpatrick are fully contracted under power purchase agreements expiring in 2031 and 2022, respectively, and continue to be managed and operated by a subsidiary of Capstone.
Filed Under: Financing, News, Projects
