HALIFAX — A Cape Breton paper mill says a federal investment in 24 new wind turbines completes the financing of a project that will secure its future electricity needs. The Canada Infrastructure Bank has announced it will provide $224.
HALIFAX — A Cape Breton paper mill says a federal investment in 24 new wind turbines completes the financing of a project that will secure its future electricity needs.
Nigel Cave, the vice-president of Stern Partners, which owns the two firms, said during a news conference in Mulgrave, N.S., that the $450 million project, called Goose Harbour Lake wind farm, is now fully financed. The infrastructure bank says the project involves the installation of Nordex turbines in Guysborough County on lands owned by the paper company, located across the Strait of Canso from the plant.
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