Northland Power announced on May 7, 2015, that it would be forced to shut down its 42 MW power generation facility in Cochrane, Ontario. The facility had a 25-year sales agreement with the Ontario Energy Finance Corp (OEFC) to generate power, and this agreement was extended by four months to May 2015, but any further agreement awaited a general strategy for privately contracted power generators.

07 May 2015
42 MW COCHRANE POWER FACILITY FORCED TO SHUT DOWN MAY 11

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42 MW COCHRANE POWER FACILITY FORCED TO SHUT DOWN MAY 11
Northland Power Inc. (NPI:TSE) | 0 0 1.8% | Mkt Cap: 3,794m
- Published:
07 May 2015 -
Author:
Steven I. Paget -
Pages:
2 -
Northland Power announced on May 7, 2015, that it would be forced to shut down its 42 MW power generation facility in Cochrane, Ontario. The facility had a 25-year sales agreement with the Ontario Energy Finance Corp (OEFC) to generate power, and this agreement was extended by four months to May 2015, but any further agreement awaited a general strategy for privately contracted power generators.