Windpower Engineering & Development

  • Home
  • Articles
    • Most recent posts
    • News
    • Featured
  • Leadership
    • 2020 Winners
    • 2019 Winners
    • 2018 Winners
  • Resources
    • Digital issues
    • Podcasts
    • Suppliers
    • Wind Farm Map
    • Wind Turbine Selector Tool
    • Wind Power Videos
    • Webinars
    • Wind Power Events
  • Webinars
  • Videos
  • Subscribe
    • Magazine Subscription
    • Enewsletter Subscription
  • About Us

SgurrEnergy lends services to Nova Scotia wind projects

By Michelle DiFrangia | January 13, 2015

ScotianWEB’s phase I project, Parker Mountain, which SgurrEnergy supported with lender’s independent engineer services.

ScotianWEB’s phase I project, Parker Mountain, which SgurrEnergy supported with lender’s independent engineer services.

SgurrEnergy’s North American arm is conducting lender’s independent engineer services on the Watts Wind II portfolio, which comprises three sites located in the Nova Scotia communities of New Glasgow (6.4 MW), Barrington (3.2 MW) and Wedgeport (1.8 MW).  The team supported National Bank of Canada, the lender, through a technical due diligence review, bank-grade energy yield and is now completing construction monitoring on all three sites.

The SgurrEnergy team has also been acting as lender’s engineer for the 22 MW ScotianWEB Phase II wind portfolio, on behalf of the project’s financial adviser, Travelers Capital Corporation. Having advised the lender through the financing of the portfolio, SgurrEnergy is now monitoring construction progress of the five sites and will provide completion services to the lender in early 2015, when the portfolio is expected to commence commercial operation.

“These projects are excellent examples of community scale wind farms, which are geographically diverse, being grouped together as portfolios in order to enhance their financial viability,” said Ian McDonald, project manager at SgurrEnergy.

Both projects are being developed under Nova Scotia’s community feed-in-tariff program, which pays above market rates for power produced from clean energy sources. It is part of Nova Scotia’s 2010 renewable electricity plan, which sets out a detailed path to move Nova Scotia away from carbon-based electricity toward sources that are greener and closer to home. The province has committed to 25% renewable electricity by 2015 and 40% renewable electricity by 2020 and these projects, which are due to be completed in 2015, will contribute to those targets.

SgurrEnergy
www.sgurrenergy.com

Tell Us What You Think! Cancel reply

Related Articles Read More >

IEA awarded construction contract for 118-MW Illinois wind farm
RWE Renewables completes first Oklahoma wind farm with 148-MW Boiling Springs project
155-MW Tatanka Ridge Wind Farm providing power to South Dakota electric cooperative customers
Sentry Electrical Group forms renewable energy O&M division

Windpower Engineering & Development Digital Edition

Digital Edition

Browse the most current issue of Windpower Engineering & Development and back issues in an easy to use high quality format. Clip, share and download with the leading wind power engineering magazine today.

Webinars
Windpower Engineering & Development
  • Wind Articles
  • Subscribe to Windpower Engineering
  • Advertising
  • Contact Us/About Us

Copyright © 2021 WTWH Media, LLC. All Rights Reserved. Site Map | Privacy Policy | RSS

Search Windpower Power Engineering & Development

  • Home
  • Articles
    • Most recent posts
    • News
    • Featured
  • Leadership
    • 2020 Winners
    • 2019 Winners
    • 2018 Winners
  • Resources
    • Digital issues
    • Podcasts
    • Suppliers
    • Wind Farm Map
    • Wind Turbine Selector Tool
    • Wind Power Videos
    • Webinars
    • Wind Power Events
  • Webinars
  • Videos
  • Subscribe
    • Magazine Subscription
    • Enewsletter Subscription
  • About Us