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Wind-power project goes quiet for now
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Epcor Utilities Inc. has put on hold its planned Kingsbridge II wind-power project near Goderich and is taking a $20 million charge because of uncertainties in local and provincial approvals.
The energy company, owned by the City of Edmonton, said it is rethinking the 160-megawatt project planned for the south shore of Lake Huron and is ending arrangements with some suppliers.
The company plans to take up to $20 million in charges before tax on its books from its moves.
Epcor said it will continue to operate its Kingsbridge I wind project, which was commissioned last year.
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