Westbridge Renewable Energy Sells 225 MWac Red Willow Solar and 100 MW BESS Project in Alberta for up to CAD $26.7 Million
Westbridge Renewable Energy has signed a definitive agreement to sell the Red Willow solar-plus-storage project (up to 225 MWac solar + 100 MW BESS) in Stettler County, Alberta, Canada for total consideration of up to CAD $26.725 million. The project holds AUC approval and an AESO interconnection position. Transaction is subject to regulatory approval.
Transaction date: · Source: westbridge.energy
Key facts
- Transaction date
- Technology
- Solar PV, Battery Storage (BESS)
- Capacity
- 225 MW
- Transaction price
- 18 million (currency as reported in the source)
- Country
- Canada
- Region
- Alberta
- Location
- Stettler County No. 6, central Alberta, Canada
- Continent
- North America
- Development status
- Under Development
- PPA
- n.a.
Technology details
Advanced-stage utility-scale solar-plus-storage project comprising up to 225 MWac of solar PV paired with a proposed 100 MW battery energy storage system. Both the power plant and BESS have received approvals from the Alberta Utilities Commission (AUC). Project holds an interconnection position in the AESO process.
Additional information
Buyer not disclosed. Total consideration of up to CAD $26.725 million if all conditions are met: CAD $10.5 million cash at closing plus reimbursement of GUOC (CAD $4.725 million), CAD $4.5 million on BESS COD, and approximately CAD $7 million ($25,000 per MWdc) on solar COD. Definitive agreement dated 27 August 2026. Transaction subject to regulatory approvals. Price converted: CAD $26.725 million maximum ≈ EUR 18 million. Westbridge retains other Alberta projects including Dolcy Solar (up to 300 MWac + 100 MW BESS) and Eastervale Solar (up to 300 MWdc).