Algonquin Power & Utilities Corp. (TSX:AQN) says its power generation unit has won a 25-year deal to sell electricity to Saskatchewan Power Corp., the prairie province’s Crown-owned generator.
The Toronto-area company said Tuesday the power will be produced at its 177 megawatt wind power project in Chaplin, Sask., about 200 km west of Regina.
Get daily National news
Get daily Canada news delivered to your inbox so you'll never miss the day's top stories.
By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy.
The plant is slated to be built by the end of 2016 and will cost the company $355-million.
Algonquin said the plant will produce enough power for about 70-thousand homes.
Financial terms of the commercial power contract were not revealed.
Comments
Want to discuss? Please read our Commenting Policy first.