On October 19, 2015, RES Americas announced that they have entered into a joint venture agreement with Algonquin Power & Utility Corp. (Algonquin) to continue development of the Deerfield wind power project (Deerfield). Completion of the Deerfield project is scheduled for the end of 2016. Wolverine Power Supply Cooperative, Inc. (Wolverine) will receive 100 percent of the output, totaling approximately 150 MW.
“Wolverine looks forward to the successful construction of the Deerfield project”, stated Zach Anderson, Wolverine Merchant Operations Supervisor. “This project represents a significant portion of Wolverine’s renewable portfolio that is expected to approximate 30 percent beginning in 2017.”
“Deerfield further strengthens and diversifies Algonquin’s renewable energy generation portfolio with a 20-year power purchase agreement and a strong wind regime in a new geographic region”, stated Ian Robertson, CEO of Algonquin.
Deerfield will utilize proven turbine technology comprised of 44 Vestas V110-2.0 wind turbines and 28 Vestas V110-2.2 turbines. The project is expected to provide 200 jobs at the peak of construction, approximately 10 permanent jobs, and millions of dollars annually in landowner payments, taxes, and other contributions. Construction of Deerfield will be transferred to White Construction Inc. (White) on November 9, and RES Americas will continue to provide development services. White has constructed eight wind power projects in Michigan with a total installed capacity of 624 MW.
Algonquin is a growing renewable energy and regulated utility company with assets across North America. The corporation acquires and operates green and clean energy assets including hydroelectric, wind, thermal, and solar power facilities, as well as sustainable utility distribution businesses (water, electricity and natural gas) through its two operating subsidiaries: Algonquin Power Company and Liberty Utilities. Algonquin is headquartered in Oakville, Ontario Canada.