Atlantic Power Invests In 300-MW Okla. Wind Farm

Law360, Washington (February 1, 2012, 7:23 PM EST) -- Independent power producer Atlantic Power Corp. has purchased 51 percent of the Oklahoma wind power project Canadian Hills Wind LLC for $23 million, which offers the promise of increasing generating capacity by 300 megawatts, according to an announcement Tuesday.

The deal gives Atlantic the rights to invest all $170 million of the project's equity as the its operator and asset manager, the company said in a statement.

Construction on the project should begin in April and wrap up in November. Already, developers have locked up power...
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