Posted on 01.12.22

Turbine Collapse Spurs TransAlta to Rebuild Canada Wind Farm

Source: https://finance.yahoo.com/, January 11, 2022
By: Brian K. Sulliva and Josh Saul

Canadian renewable-power company will replace foundations at a New Brunswick wind farm after engineers determined a turbine collapse in October stemmed from design flaws.

TransAlta Renewables Inc. said replacing 50 foundations will cost C$75 million to C$100 million ($59 million to $79 million) and take until the end of 2023. The Calgary-based company expects to lose C$3.4 million per month in revenue while the turbines are off line, according to a statement Tuesday. Read more.

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