Buffett firm starts hunt for deal for ‘Canada’s largest wind farm’
October 16, 2019
The US-based group controlled by billionaire Warren Buffett is planning what it said could be Canada’s biggest wind farm after successfully tying up a corporate power deal for a smaller project that will run without government subsidies.
BHE Canada, a subsidiary of Buffett’s Berkshire Hathaway Energy, is looking for offtakers for long-term power purchase agreements (PPAs) for the Forty Mile Wind Farm it is backing in southeast Alberta.
This already-permitted project – under development by global renewables group RES – “will have a generation capacity of 398.5MW, potentially making it the largest wind power project in Canada,” said BHE in a statement.
Canadian wind energy association CanWEA said the Rattlesnake Ridge deal “represents the largest wind energy procurement by a non-utility customer in Canada”.