GE Energy Financial Services signed an agreement with EarthFirst Canada to consider purchasing Dokie Ridge Wind Project in British Columbia. The project can have up to 300 MW of wind power capacity once completed. It is still under construction, but represents the largest wind power project in British Columbia at the moment.
If all conditions are met, GE Energy Financial Services is going to forge a partnership with Plutonic Power Corp, which if the acquisition goes through, will own and operate the wind farm, located about 1100 miles northeast of Vancouver. This would be the first wind energy investment in Canada, and the first time the two companies are collaborating on a wind power project, since their collaboration so far has happened in hydroelectric projects.
The Dokie Ridge wind farm consists of the partially built Dokie Phase 1 project with 144 MW of power, using Vestas V90 3 MW wind turbines, with the right for expansion of the project with another 300 MW of installed capacity.
According to the joint press release, aside from this wind energy projects, GE Energy Financial Services and Plutonic Power are collaborating on an additional three hydroelectric projects in BC – 196 MW East Toba River Montrose Creek project, 166 MW Upper Toba Valley project, and 1027 MW Bute project.
