Wind farm operator signs €509m Canadian joint venture

EDDIE O’Connor’s latest wind farm operator Mainstream Renewable Power has signed a e509 million deal to co-develop 400 megawatts of power in Canada over the next four years.

The joint venture is with local wind farm developer, the Alberta Wind Energy Corporation and construction of the turbines should begin later this year.

The two companies are aiming to be generating around 46mw by next year, with a further 62mw coming on stream by 2012.