Renewable energy developer Naturener Energy Canada Inc. has acquired West WindEau Inc., a Canadian wind energy development company.
With the addition of West WindEau’s “Wild Rose” projects in Southeast Alberta, Naturener now has a portfolio of over 1000 MW of wind energy projects under development in Canada.
“Since 2006, we have been active in identifying and acquiring high value wind energy resources in Canada. The development of 1000 MW of new wind generation will make a significant contribution to the renewable energy supply in Canada. With almost 15 years of experience in Spain and the USA power industry, these wind power projects expand and diversify our power generation portfolio,” said Rafael Sanchez-Castillo Lodares, Naturener Group CEO.
“The addition of wind power in Canada” continued Sanchez-Castillo, “furthers our strategy of growth in the renewable power sector, and specifically strengthens our commitment to the North American market.”
David Boileau, the controlling shareholder of West WindEau, said “We are very pleased that Naturener has acquired West WindEau Inc. Naturener is a proven, capable and experienced renewable energy company. The Wild Rose projects near Medicine Hat will soon be moving from the development stage to the construction phase and Naturener’s business development strategy and commitment to the projects were key factors in the transaction. In addition to the high value Wild Rose projects, the West WindEau development team is a valuable asset that I know will lead Naturener’s continued expansion into the Canadian renewable energy market.”
Naturener Energy Canada Inc. is a wholly owned subsidiary of the Naturener Group which develops, owns and operates renewable electrical generation plants. The investing participants of the Naturener Group include the Belgian group Sapec, the Spanish savings bank Caja Castilla La Mancha (CCM) and a private North American investor. Naturener Energy Canada Inc. and Naturener USA LLC are wholly-owned subsidiaries of Naturener S.A. Naturener USA and Naturener Canada represents the initial international expansion of the Naturener Group into North America.