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For the fourth time in the past half dozen years there is a new owner of the Wintering Hills wind farm in Drumheller, Alberta.

But this time, the new 100 per cent shareholder of the 55 turbine project — which was started by Suncor Inc. in 2010 and can produce 88 MW of electricity a year — is far removed from companies that are normally associated with owning wind farms.

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IKEA Canada, the company that’s best known for selling furniture in boxes and whose stores are typically full to overcrowded — is the new owner.

It agreed to pay almost $120 million for the project, which was owned by Teck Resources (which had a 49 per cent stake) and TransAlta Corp. (which owned the remaining 51 per cent.)

The acquisition marks IKEA’s second Alberta wind farm purchase: In late 2013, it purchased a 46 MW wind farm in Pincher Creek from Mainstream Renewable Power. That farm, known as Oldman 2, became fully operational in the fall of 2014, and generates 161 gigawatt hours each year — or twice IKEA Canada’s total energy consumption.