The Canada Infrastructure Bank is providing a $206 million loan to support the Mersey River Wind project in Nova Scotia, alongside developers Slate Asset Management and Hamilton Lane. The wind farm will feature more than 30 turbines generating nearly 150 megawatts of clean electricity, sold directly to local residents and businesses by Renewall Energy.
Eligible for the federal Clean Technology Investment Tax Credit, the project is expected to avoid roughly 220,000 tonnes of emissions annually. Construction will unfold in two phases, with the first targeted for completion in 2027.
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