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Atlantic Power Corp. invests in Idaho wind

Atlantic Power Corp. says it will buy a 27 per cent interest in Idaho Wind Partners 1, which owns 11 wind farms in Idaho, for $40 million.

Atlantic will indirectly own an interest in IWP, a partnership among GE Energy Financial Services, Reunion Power, and Exergy Development Group, the original project developer.

IWP recently began construction of the 183-megawatt wind power project, made up of 11 wind farms located near Twin Falls.

“We are very pleased to be investing in our first wind power project with such strong partners who have significant industry experience,” Atlantic Power president Patrick Welch said.


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