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IKEA Canada to purchase second wind farm in Alberta, (CNW Group/IKEA Canada)

IKEA Canada’s second wind farm in Alberta to generate 275 million kWh

IKEA Canada has signed agreements to acquire an 88MW wind farm located near Drumheller, Alberta approximately 130km east of Calgary.

Consisting of 55 turbines, the Wintering Hills wind farm will generate 275 million kWh (kilowatt hours) of energy, the equivalent to the electricity consumption of 54 IKEA stores or nearly 26,000 Canadian households.

In 2013 IKEA Canada purchased a 46MW wind farm in Pincher Creek. The two wind farms will produce the equivalent of more than four times the energy that IKEA Group operations consume in Canada.

This wind farm investment is part of a broader investment approach to support core business and strategic objectives. The completion of the transaction is expected in two to three weeks pending customary closing conditions.

According to its official statement, IKEA Group has allocated over EUR 3 billion to become resource and energy independent and since 2009 it has invested EUR 1.5 billion in renewable energy.

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About CIJnews Staff

CIJnews Staff
CIJnews is an independent, dynamic and reliable online news source that serves the Canadian Jewish and Israeli communities and provides an uncensored platform for the spectrum of voices.

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