TransCanada Completes Kibby Wind Power Generation Project

TransCanada has announced the completion of the Kibby Wind power project. The largest wind power project of New England is completed with an investment of over US$350 million within the stipulated time.

The 132 MW wind power generating facility is situated in the community of Eustis, Maine and can provide enough renewable electric power to around 50,000 average homes. The wind power generation project has generated around 315 construction jobs during the construction period and now it has 13 full time employment opportunities to manage the functions of the wind turbine and its maintenance. Also during the construction process of the wind turbine project around $110 million from the project investment cost was expended on direct costs such as material, accommodation and labor in the state of Maine. The concluding of the Kibby project has increased the total combined wind generation capability of TransCanada to 451 MW.

Russ Girling, president and chief executive officer of TransCanada, expressed his happiness to include the Kibby Wind Power Project into the fold of the company, which will enable the company to lead North America as an energy infrastructure company. He added that the company will support Maine to reach its clean energy generation objective of reaching 2000 MW clean power generation by the year 2015.