North Kent 1 & 2 wind farms will provide approximately $250,000 per year in Ontario property tax revenue.
Chatham-Kent, Samsung, and Pattern Energy have officially signed an agreement for the North Kent Wind Project in Ontario, Canada.
North Kent 1 would place approximately 40 to 50 wind turbines on private lands in both of the former Dover and Chatham Townships. It’s subject to the Province of Ontario’s Renewable Energy Approval process, which requires a detailed and multifaceted, public consultation with municipal government, First Nations, local residents, and businesses.
The project is expected to provide clean renewable energy, substantial tax and permit revenues, and a community benefits fund.
“To date, the partnership of Samsung and Pattern has proved to be a very responsible, community-minded corporate citizen,” said Chatham-Kent Mayor Randy Hope. “We have every reason to believe that this new clean energy project will provide substantial revenues to offset taxes, while building our economy and our community.”
Mayor Hope’s comments were in regard to a vote earlier this week by Municipal Council to support the construction and operation of Phase 1 and Phase 2 of the North Kent Wind Project, a project of Samsung Renewable Energy and Pattern Renewable Holdings Canada ULC.
The second project, North Kent 2, depends upon a contract award by the Ontario Independent Electricity System Operator, and would place 20 and 40 turbines on private lands in, or near, the former Dover Township. North Kent 1 & 2 are subject to the provincial permitting and regulatory requirements that regulate industrial wind projects in Ontario.
In 2012 and 2013, Samsung and Pattern completed construction of a 270-megawatt (MW) South Kent Wind facility near Blenheim. They provided $2.5 million for upgrades to the Chatham-Kent Municipal Airport, plus community benefits of $11.5 million over the life of the facility. In addition, the facility will also generate approximately $16 million in property taxes over a 20-year period.
Chatham-Kent
www.chatham-kent.ca
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