ive Brief:

• Furniture retailer IKEA is buying a 46-megawatt wind farm in Alberta, Canada, from Mainstream Renewable Power. The project is expected to produce power by the fall of 2014.
• The deal for the Oldman Wind Farm is the second in the last few months by IKEA with Irish energy company Mainstream, having announced in August the purchase of a wind farm in Ireland.

Dive Insight: 

The wind deal is part of IKEA's plan to spend $2 billion by 2015 on wind and solar energy facilities to offset the electricity consumed by its retail stores. IKEA also is planning to install 4,620 solar panels on the roof of a new store in Miami that will make the company the largest non-utility owner of solar energy in Florida.