Calgary, May 08, 2022 (GLOBE NEWSWIRE) -- Capstone Infrastructure Corporation (TSX: CSE.PR.A) ("Capstone") announces today that its wholly owned subsidiary, Wild Rose 2 Wind LP, has entered into a power purchase agreement (“PPA”) with Pembina Pipeline Corporation (TSX: PPL; NYSE: PBA) (“Pembina”) for the offtake of 105 MW of renewable energy and associated renewable attributes over 15-years from Capstone’s 192 MW Wild Rose 2 Wind Farm, currently in development. Capstone has also entered into a turbine supply agreement with Siemens Gamesa Renewable Energy Inc. for the procurement of 38 SG 5.2-145 turbines. The PPA signals another step forward towards a low-carbon electricity sector in Alberta and provides the foundation that supports Capstone’s investment in the 192 MW Wild Rose 2 Wind Farm.
Read more at globenewswire.comCapstone Infrastructure Corporation Signs Power Purchase Agreement with Pembina Pipeline Corporation for the Wild Rose 2 Wind Farm
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