Creststreet completes C$163 million sale of Kettles Hill Windpower Subsidiary to ENMAX Green Power
Date Closed
June 26, 2008
Lead Office
Toronto
Value
163.00 Million CAD
On June 26, 2008, Creststreet Kettles Hill Windpower LP completed the sale of Kettles Hill Wind Energy Inc. to ENMAX Green Power Inc., a subsidiary of ENMAX Corporation, in a deal worth C$163 million, including debt. Kettles Hill Wind Energy Inc. is the owner and operator of a wind farm, located near Pincher Creek, Alberta, that includes 35 turbines with a current capacity of 63 megawatts. The wind farm has potential for a further 77 megawatts.
McCarthy Tétrault LLP represented Creststreet, with a team led by David Tennant.