K2 Wind reached operations in 2015 following project development by Pattern Canada, Capital Power, and Samsung Renewable Energy. A consortium led by Axium Infrastructure, including The Alberta Teachers Retirement Fund, purchased the facility in 2019. Pattern Canada continues to manage facility operations and maintenance activities.
The facility expects to inject more than $5 million in direct spending into the local economy each year of operations. Payments include property taxes benefiting the Township of Ashfield-Colborne-Wawanosh, Huron County, and local schools, estimated to total $9 million over the first 20 years of site operations.