An independent power producer has completed its first internally developed project and it delivering power to the Nova Scotia grid.
Sprott Power Corp., an owner, operator and developer of renewable energy projects, in conjunction with its partner, Firelight Infrastructure Partners L.P., said it has substantially completed its Amherst wind power project in Cumberland County, Nova Scotia. The first turbine was operational on March 26th and the last turbine will be operational this week. The project has already generated approximately 3 GWh of renewable electricity.
The Amherst I project will almost double the Company’s annual gross capacity under management to 215 GWh. The 31-MW facility is expected to provide almost 100 GWh of renewable energy for Nova Scotia residents annually.
“This is an exciting time for Sprott Power as we complete our first internally developed and constructed project. The Sprott team delivered the Amherst project on time and on budget,” said Jeff Jenner, President and CEO of Sprott Power.
Sprott has operating assets in Ontario and Nova Scotia, in addition to the Amherst project, which is at the border of New Brunswick and Nova Scotia. While primarily a wind developer, it has later-stage hydropower development in British Columbia.
The company plans to make investments with an aim to build 500MW by 2015. Sprott completed its initial public offering in March that generated gross proceeds of $22.8m.