Copenhagen Infrastructure Partners (CIP), on behalf of its Copenhagen Infrastructure IV (CI IV) fund, has begun construction on Buffalo Plains, a 495-MW wind farm consisting of 83 Siemens Gamesa turbines in Vulcan County, Alberta.
CIP acquired Buffalo Plains in 2022 from ABO Wind. During construction, the project will create about 250 full-time jobs and, once operational, will produce enough clean energy to power more than 240,000 homes, providing economic and environmental benefits to the province of Alberta.
Borea, a leading Canadian renewable energy construction company, will be responsible for the construction of the project. Amazon, the technology company based in Seattle, Washington, has signed a power purchase agreement to procure 415 MW of output from Buffalo Plains.
“We are pleased to announce the start of construction on the Buffalo Plains wind project, an important step in expanding our portfolio of best-in-class renewable energy projects in North America,” said Tim Evans, partner and Head of North America at CIP. “This premier project demonstrates CIP’s unique ability to execute on large and complex infrastructure projects that will provide local jobs and clean, renewable wind energy for many years to come.”
Buffalo Plains represents CIP’s second successful investment in Canada, following its investment in Travers Solar, Canada’s largest solar project, which completed construction in 2022. Buffalo Plains is an important part of the 29-GW-plus portfolio of renewable generating assets (including offshore wind, onshore wind, solar PV, battery storage, pumped storage hydro, and transmission) that CIP has in development, construction or operation across North America.
Founded in 2012, Copenhagen Infrastructure Partners P/S (CIP) is a dedicated fund manager within greenfield renewable energy investments and a global leader in offshore wind. The funds managed by CIP focus on investments in offshore and onshore wind, solar PV, biomass and energy-from-waste, transmission and distribution, reserve capacity, storage, advanced bioenergy, and Power-to-X.
More info www.cip.com
