TransAlta Renewables Finds Cracks in Foundations of New Brunswick Wind Farm Turbines | The Canadian News

TransAlta Renewables Inc. lowered its financial guidance for this year as it said it found cracks in several turbine foundations at a wind farm in New Brunswick where a tower collapsed earlier this month.

The company says the discovery of the cracks below the surface means the foundation is likely to need repairs and, if replacement is necessary, costs are estimated at $ 1.5 million to $ 2 million per foundation.

TransAlta Renewables suspended operations and began an investigation after a tower collapsed earlier this month at its Kent Hill wind farm. The suspended operation includes 50 wind turbines in Kent Hills 1 and Kent Hills 2, where the tower collapsed. Five turbines at Kent Hills 3 continue to operate.

The company says that foundation problems at Kent Hills 1 and 2 sites are unique to the design of those sites and there is no indication of foundation problems at the Kent Hills 3 site or at other company locations.

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READ MORE: Power Producer TransAlta Raises Financial Outlook for the Year, Reports Second Quarter Losses

The outage is expected to result in lost revenue of around $ 3.7 million per month while all 50 turbines are offline, based on average historical wind production.

As a result, TransAlta Renewables reduced its targeting range for its comparable EBITDA, adjusted funds from operations and cash available for distribution.

Watch below: Some Global News videos on wind farms.

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