cleanup to meet wikipedia s quality standards . no cleanup reason has been specified . please help improve this article if you can . march 2011 learn how and when to remove this template message greengate power corporation type private company industry utilities headquarters calgary alberta canada key people dan balaban president & ceo website www.greengatepower.com greengate power corporation greengate has nine wind projects under development in alberta canada totaling 1 550 megawatts mw across 200 000 acres of private land . this represents a potential investment of 4 billion upon full build out of the projects . greengate s goal is to be canada s largest pure play renewable energy producer . greengate s unique strategy has been to develop wind energy projects in close proximity to transmission lines with available capacity with high quality wind resources and substantially contracted sources of revenue . this strategy has enabled greengate to be a leader in the wind energy industry in alberta . the 150 megawatts mw halkirk i wind project will be greengate s first operating project and will be the largest wind energy project in alberta upon construction and operation . contents 1 summary of activity 2 greengate in the news 3 external links 4 references summary of activity edit greengate s first project the 150 megawatts mw halkirk i wind project which is scheduled to begin construction later in 2011 and be completed in q2 2012 will be central alberta s first wind project and alberta s largest wind project . the project is located in the county of paintearth 40 km east of the town of stettler . once completed this project will supply enough electricity to power approximately 50 000 homes . unlike most other planned wind energy projects in alberta the project can be connected into alberta s existing transmission system without any system upgrades while other developers in alberta await billions of dollars worth of transmission upgrades . the halkirk i wind project is in advanced stages of development and is shovel ready . over the past three years of development greengate has acquired all of the land needed to build this project and has received approval from the alberta electric system operator aeso to connect the project into the transmission grid utilizing the existing transmission system without the need of major transmission upgrades . the halkirk i wind power project is the first wind energy project approved by the alberta utilities commission auc since the electricity and utilities board reorganization . the permit required an extensive review by the auc of the project s participant involvement program the environmental impact assessment potential visual and noise impacts proposed gathering system routing potential impacts on pipelines and other pre requisite project approvals . greengate has recently closed a 10.8 million private placement financing to be funded in two tranches with the first tranche raising gross proceeds of 5.8 million in september 2010 . the balance of the proceeds will be advanced upon future milestones which are likely to be achieved in march 2011 . greengate s most recent announcement is that the california public utilities commission has approved three 20 year power purchase agreements ppas for a total of 450 megawatts mw in new wind energy generation between pacific gas and electric company pg & e and greengate s halkirk i wind project lp blackspring ridge ia wind project lp and blackspring ridge ib wind project lp . the ppas relate to the purchase and sale of renewable energy credits recs generated by greengate s 150 megawatts mw halkirk i wind project and 300 mw blackspring ridge i wind project both located in alberta canada . this is the third largest wind energy transaction ever executed by a california utility and shows the innovation behind greengate s development . the halkirk i wind project will also have a significant impact on alberta s ghg emission over the life of the project . over a 20 year period the halkirk i wind project will result in greenhouse gas emissions reductions of 5.4 million tonnes co2e . greengate s next project is the blackspring ridge i wind project with a total generating capacity of 300 mw . the project is expected to be canada s largest operating wind energy project upon completion in 2013 . combined these two projects totaling 450 mw will increase alberta s installed capacity of wind energy generation by more than 50 % compared to the province s current 806 mw of installed capacity . greengate in the news edit lethbridge herald march 11 2011 canada s biggest wind farm calgary herald march 10 2011 greengate gets nod to build canada s largest wind farm meaningful work project february 13 2011 dan balaban seeding the winds of change edmonton herald february 2 2011 california backstops two alberta wind projects pacific gas & electric to buy all power they generate for 20yrs under state rules . . north american windpower february 2 2011 cpuc approves ppas for three greengate wind projects reuters february 2 2011 greengate power corp said on wednesday the california public utilities commission has approved its sale of renewable energy credits from its . . bloomberg january 28 2011 sale of energy credits in california supports wind projects in canada calgary herald december 17 2010 greengate capital power plan alberta s biggest wind farm business in calgary october 1 2010 dan balaban selected as finalist for ernst & young entrepreneur of the year 2010 alberta venture july 1 2010 dan balaban selected as one of alberta s 50 most influential people 2010 business in calgary july 1 2010 dan balaban selected as one of the leaders of tomorrow north american wind power magazine march 1 2009 once the wind leader alberta begins anew with 525 mw of operating wind farms alberta boasted the most wind power of any canadian province in 2007 . so what happened avenue magazine october 30 2009 dan balaban selected as one of avenue magazine s top 40 under 40 for 2009 business edge december 18 2009 for greengate power s ceo the answer is blowing in the wind calgary herald january 10 2010 biggest wind farm in alberta in the works external links edit greengate power corporation website greengate power corporation creating new business opportunities north american wind power spotlight on alberta north american wind power greengate overview references edit this article includes a list of references related reading or external links but its sources remain unclear because it lacks inline citations . please help to improve this article by introducing more precise citations . april 2009 learn how and when to remove this template message retrieved from https en.wikipedia.org w index.php title greengate power corporation & oldid 647099273 categories energy companies of canadahidden categories articles needing cleanup from march 2011all articles needing cleanupcleanup tagged articles without a reason field from march 2011wikipedia 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