The subsidiaries include, Halkirk I project, Blackspring Ridge IA project and Blackspring Ridge IB project.
The PPAs relate to the purchase and sale of renewable energy credits (RECs) generated by Greengate’s 150MW Halkirk I project and 300MW Blackspring Ridge I project, both located in Alberta, Canada.
Under the three PPAs, PG&E will purchase all the RECs associated with the expected 1,400GWh per year of renewable energy generation by the two Greengate projects at fixed prices.
Greengate is a renewable energy project developer based in Calgary, Alberta, Canada.
