Date Closed

April 05, 2013

Lead Office

Montréal

Value

0.60 Billion CAD

On April 8, 2013, EDF EN Canada Inc., a subsidiary of EDF Energies Nouvelles, and Enbridge Inc. announced they had jointly signed a purchase agreement with Greengate Power Corporation to acquire the 300 megawatt (MW) Blackspring Ridge Wind Project. Located in Vulcan County, Alberta (50 km north of Lethbridge), Blackspring Ridge will be the largest wind project in Western Canada when operational. EDF EN Canada and Enbridge will each own 50 percent of the project. The project represents the largest investment in wind energy in the province at approximately $0.6 billion.

The project, currently in late stage development, will be comprised of 166 Vestas V100-1.8 MW wind turbines. EDF EN Canada will build the project under a fixed price engineering, procurement and construction contract with construction expected to start in the second quarter of 2013 and reach commissioning in mid-summer 2014.

Enbridge, headquartered in Calgary, is an energy transportation and distribution company.

McCarthy Tétrault LLP represented Enbridge, with a team led by Philippe Fortier.