CAPITAL MARKETS

Teck cuts wind power ties

Teck Resources (US:TECK) has decided to dump its first investment in wind energy, two years after upping its stake in the carbon-offsetting project.

Teck’s share of power generation was expected to result in some 85,000 tonnes of CO2-equivalent offsets in 2016

Teck’s share of power generation was expected to result in some 85,000 tonnes of CO2-equivalent offsets in 2016

The Canada-based company has agreed to sell its 49% interest in the Wintering Hills facility to IKEA Canada in return for C$58.6 million (US$44.7 million) of cash. Wintering Hills, an 88MW wind power...

Start a free trial to continue reading this article

Already have an account?

Subscribe now

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.