Sprott Power Corp. (SPZ), a developer, owner and operator of renewable energy projects, announced the acquisition of the rights to a 100 MW wind energy development project near Fort MacLeod, Alberta. This project is in addition to the 40 MW wind energy development project Sprott Power acquired during the second quarter of 2011, bringing the Company’s total development capacity in Alberta to 140 MW.
“The demand for electricity in the Alberta market is expected to grow at 2.9% per year, on average, over the next ten years.” said Jeff Jenner, President and CEO of Sprott Power. “Sprott Power is focused on building clean renewable projects to help meet the increasing energy demand in this growing market.”
