Pennask Wind Farm. (Contributed)

Pennask Wind Farm. (Contributed)

Two Okanagan wind farms sold to Calgary-based company

Canadian Power has agreed to purchase Okanagan Wind’s two local wind farms

The ownership of two Okanagan wind farms will soon change hands.

Calgary-based Canadian Power Holdings, a subsidiary of Hong Kong-based CK Group, has agreed to buy Okanagan Wind, which currently operates wind turbines at Pennask Summit, located off the Okanagan Connector, and Sihish Creek, about 30 kilometres west of Summerland.

The project is located on Crown land and consists of 10 turbines across the two locations. The current lease on the land extends to 2047.

“We are excited to be acquiring CK Group’s first renewable energy project in Canada, and look forward to finding other such opportunities for the group as we work to expand our footprint,” said Derek Goodmanson, CEO of Canadian Power.

The new ownership group plans to honour previous agreements with local First Nations, including providing access to job opportunities, annual benefit payments to the community, funds to support scholarships and continuing roles such as environmental monitoring of the projects.

The CK Group owns several renewable energy projects across the world and through Canadian Power, it owns a number of other projects in Canada.

The transaction is expected to close in mid-2021.

READ MORE: Kelowna Actors Studio offering private, catered movie nights

READ MORE: Arctic winds to chill Okanagan next week

Do you have something to add to this story, or something else we should report on? Email: michael.rodriguez@kelownacapnews.com


@michaelrdrguez
Like us on Facebook and follow us on Twitter.

Alternative energy

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Send your letter to the editor via email to news@summerlandreview.com. Please included your first and last name, address, and phone number.
LETTER: Summerland affordable housing proposal opposed

“For a building that will change the dynamic of a small town, I would have expected more discussion.”

Baldy Mountain Resort is temporarily closed following the death of a resort family member. Pictured above is a sunrise at the resort, Feb. 19, 2021. (Baldy Mountain Resort/Facebook)
Baldy Mountain ski hill closed following death of resort family member

Authorities currently investigating, resort set to reopen Sunday, Feb. 27

Butter and sourdough bread is shown at a house in Vernon, B.C. on Wednesday, February 24, 2021. A Quebec dairy farmers’ group is calling on milk producers to stop feeding palm oil or its derivatives to livestock as controversy churns over how these supplements affect the consistency of butter. (THE CANADIAN PRESS - Jesse Johnston)
Poll: Care to spread your feelings on butter?

Reports of hard butter have rattled the Canadian dairy industry

A dose of COVID-19 vaccine is prepared at a vaccination clinic in Montreal’s Olympic Stadium on Tuesday, Feb. 23, 2021. THE CANADIAN PRESS/Paul Chiasson
39 new cases of COVID-19 in Interior Health region

The total number of cases in the region since the pandemic began is now at 7,334

Summerland’s municipal council will proceed with a four per cent property tax increase this year, but the deadlines for property tax payment have been extended. (John Arendt - Summerland Review)
Summerland councillor’s letter to media draws disappointment from colleagues

Statements about solar project did not violate ethical or conduct standards

Abbotsford’s Kris Collins turned to TikTok out of boredom when the provincial COVID-19 lockdown began in March 2020. She now has over 23 million followers on the video app. Photo: Submitted
Internet famous: Abbotsford’s Kris Collins is a TikTok comedy queen

Collins has found surprise stardom alone with a phone

Chase RCMP held two men involved in drunken disturbances overnight in their detachment’s cells on Feb. 6. (File Photo)
Chase RCMP hold two men involved in drunken disturbances overnight

The two seperate incidents took place less than an hour apart.

Kamloops Fire Rescue battled a landfill fire which belched toxic smoke into the air on Feb. 27. (City of Kamloops Photo)
Fire at Kamloops landfill sends thick black smoke into the air

Firefighters made slow progress on the fire throughout the morning.

A Vancouver restaurant owner was found guilty of violating B.C.’s Human Rights Code by discriminating against customers on the basis of their race. (Pixabay)
Vancouver restaurant owner ordered to pay $4,000 to customers after racist remark

Referring to patrons as ‘you Arabs’ constitutes discrimination under B.C.’s Human Rights Code, ruling deems

Approximate location of the vehicle incident. (Google Maps)
Vehicle incident blocking Coquihalla traffic in both directions

Both directions of traffic stopped due to vehicle incident

(HelloKelowna - Twitter)
West Kelowna billboard bearing anti-vaccine messaging deemed misleading

Ad Standards investigated the billboard, noting a lack of evidence to support the messaging

RCMP. (Phil McLachlan/Capital News)
Chase RCMP arrest intoxicated man running into highway traffic

The man was wanted on several warrents in Alberta; was held overnight but released

Nanaimo children’s author and illustrator Lindsay Ford’s latest book is ‘Science Girl.’ (Photo courtesy Lindsay Ford)
B.C. children’s writer encourages girls to pursue the sciences in new book

Lindsay Ford is holding a virtual launch for latest book, ‘Science Girl’

Pig races at the 145th annual Chilliwack Fair on Aug. 12, 2017. Monday, March 1, 2021 is Pig Day. (Jenna Hauck/ Chilliwack Progress file)
Unofficial holidays: Here’s what people are celebrating for the week of Feb. 28 to March 6

Pig Day, Canadian Bacon Day and Grammar Day are all coming up this week

Most Read