Energy firm backed by Warren Buffett to build a $150 million wind farm in Canada
October 16, 2019
Construction work on a 117.6-megawatt (MW) wind farm in the oil-rich province of Alberta, Canada, will start next year.
In an announcement Tuesday, BHE Canada — a wholly owned subsidiary of Warren Buffett’s Berkshire Hathaway Energy — said the Rattlesnake Ridge Wind project would generate “enough energy to supply the equivalent of 79,000 homes.”
Robert Hornung, the Canadian Wind Energy Association’s president, commented that Alberta’s “unique combination of wind resource, open market structure and emerging climate policy” made it possible to “secure low-cost power for the Alberta grid.”
“That in turn provides an incredible opportunity for significant investments in the wind energy industry while also presenting Albertans with diverse economic opportunities,” Hornung added.