The Texas-based Foard City wind project was acquired in the first quarter of 2018, as part of the Alterra acquisition. The project has a 12-year power purchase agreement for 300 MW of its 352.8 MW capacity, sales of which will start upon the facility reaching commercial operation.
The Foard City wind project encounters delays in obtaining specific permits which could result in a reduction of the project size and impact the gross estimated long-term average production, total project cost and its commercial operation date which was postponed to the fourth quarter of 2019.
The Corporation received non-binding agreements to secure tax equity and construction financing for the project and funds will be readily available, subject to finalizing project size and obtaining final permits.
|Energy|| Wind energy|
|Capacity - Gross (MW)||352.8|
|Innergex participation (%)||100|