Alberta Teachers’ Retirement Fund Board, along with Axium Infrastructure and Manulife Financial, have acquired Samsung Renewable Energy’s one-third interest in the K2 Wind Facility near Goderich, Ont.

Read: ATRF chooses new CEO

Pattern Energy Group and Capital Power Corporation each hold one-third interest as well.

K2, a 270 megawatt wind power facility, consists of 140 wind turbines. It began commercial operations in May 2015 and operates under a 20-year power purchase agreement with the Independent Electricity System Operator.

Read: Caisse loans $60M to Quebec wind farm

Copyright © 2018 Transcontinental Media G.P. Originally published on benefitscanada.com

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