The 76-megawatt Ripley wind farm represents an investment of
All figures are in Canadian dollars
RIPLEY, ON, Sept. 24 /CNW/ - Suncor Energy Products Inc. and Acciona
Energy today celebrated the dedication of their first wind power project in
Ontario. The $176 million Ripley Wind Power Project is a 38-turbine,
76-megawatt joint venture project.
The Honourable Dwight Duncan, Minister of Energy and Member of Provincial
Parliament Windsor-St. Clair, and Carol Mitchell, Member of Provincial
Parliament Huron-Bruce, joined company executives and guests for the
facility's official opening ceremony.
The Ripley wind farm is expected to generate enough clean electricity to
power approximately 24,000 Ontario homes and displace the equivalent of at
least 66,000 tonnes of carbon dioxide per year.
Construction and start up of the facility is currently under way. Once
complete, the project will consist of 38 two-megawatt wind turbines, a
27-kilometre transmission line and two electrical substations. Electricity
will be sent to the Ontario Power Authority for sale as green power.
The wind power project is located on the eastern shores of Lake Huron in
Huron-Kinloss Township, approximately 220 kilometres west of Toronto and 140
kilometres north of London.
The companies also announced a joint $30,000 gift to the Township of
Huron-Kinloss in recognition of their support for the project. The money will
go toward the township's Lewis Park enhancement fundraising effort.
A community celebration will take place on September 25 at Ripley's Lewis
Park to thank residents for their support.
The Ripley project is the third wind farm jointly owned by Acciona and
Suncor. The companies co-own the Alberta-based Magrath and Chin Chute wind
farms, 30-megawatts each, in partnership with Enbridge Income Fund.
This news release contains forward-looking statements that address goals,
expectations or projections about the future. These statements are based on
Suncor's current goals, expectations, estimates, projections and assumptions,
as well as its current budgets and plans for capital expenditures. Some of the
forward-looking statements may be identified by the words "expected," "will,"
and similar expressions. These statements are not guarantees of future
performance. Actual results could differ materially, as a result of factors,
risks and uncertainties, known and unknown, to which Suncor's business is
subject. Further discussion of the risks, uncertainties and other factors that
could affect these plans, and any actual results, is included in Suncor's
annual report to shareholders and other documents filed with regulatory
Acciona Energy is the largest wind developer in the world with a
portfolio of 4,697 megawatts installed in 172 wind farms in 10 countries
(3,465 owned by the company). The company manufactures wind turbine generators
using in-house technology. In solar energy, Acciona's Nevada Solar One project
represents the largest solar thermal electric power plant (64 MW) built in the
world in the last 16 years, in addition to the company's 31 MW installations
of photovoltaic power and a 46 MW photovoltaic solar plant under development
in Portugal. In the area of biomass, Acciona operates three plants (33 MW) and
19 small hydro power plants (59 MW). In biofuels, the company produces
biodiesel from vegetable oils and bioethanol from surplus wine.
Acciona is one of the premier international corporations working in the
development and management of infrastructure services and renewable energy
sources, employing more than 38,000 people worldwide. Acciona is listed on the
IBEX-35 in Spain with a market capitalization of more than $14.6 billion.
For more information, please visit the company's website at
Suncor Energy Products Inc. is a wholly-owned subsidiary of Suncor Energy
Inc., an integrated energy company headquartered in Calgary, Alberta. Suncor's
oil sands business, located near Fort McMurray, Alberta, extracts and upgrades
oil sands and markets refinery feedstock and diesel fuel, while operations
throughout Western Canada produce natural gas. Suncor operates a refining and
marketing business in Ontario with retail distribution under the Sunoco brand.
U.S.A. downstream assets include refining operations in Colorado and retail
sales in the Denver area under the Phillips 66 brand. Suncor's common shares
(symbol: SU) are listed on the Toronto and New York stock exchanges.
Sunoco in Canada is separate and unrelated to Sunoco in the United
States, which is owned by Sunoco, Inc. of Philadelphia.
For further information:
For further information: Lena Stinsa, Acciona Energy North America, Tel:
(312) 673-3021; Coral Hulse, Suncor Energy Inc., Tel: (403) 205-6828