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Algonquin Power & Utilities Corp. (APUC) has announced that an affiliate of Algonquin Power Co. (APCo) has acquired a 109.5MW the Shady Oaks wind farm from Goldwind International SO Limited for total consideration to all stakeholders of approximately US$ 148.9 million.

The Shady Oaks wind farm is located in Northern Illinois, approximately 80 km west of Chicago, Illinois and reached commercial operation in June 2012. The wind farm has entered into a 20 year inflation indexed power purchase agreement with Commonwealth Edison. The facility is comprised of 68 Goldwind GW82 1.5MW and 3 Goldwind GW100 2.5MW permanent magnet direct-drive wind turbines. Goldwind has assumed all operations, maintenance, and capital repair responsibilities for the Shady Oaks wind facility pursuant to a 20 year fixed price agreement.
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