Algonquin Power & Utilities Corp. (APUC) has announced that an affiliate of Algonquin Power Co., APUC's non-regulated power generation subsidiary, has acquired the 109.5 MW Shady Oaks wind farm from Goldwind International SO Ltd.
The Shady Oaks wind power facility is located in northern Illinois, approximately 80 km west of Chicago, and reached commercial operation in June 2012. Commonwealth Edison will buy the project’s output under a 20-year inflation-indexed power purchase agreement. Through its affiliate, Goldwind has assumed all operations, maintenance and capital repair responsibilities for the Shady Oaks wind facility pursuant to a 20-year fixed-price agreement.