Finavera Renewables to develop four wind projects in Canada
(ADPnews) - Sep 24, 2010 - Canadian wind project developer Finavera Renewables Inc (CVE:FVR) said yesterday it will realise four wind projects in the Canadian province of British Columbia.
The company signed a memorandum of understanding with the Halfway River First Nation government to develop the Tumbler Ridge, Wildmare, Meikle and Bullmoose wind projects. Under the agreement, Halfway will have financial participation in the projects.
"We move towards building 300 megawatts of wind projects in British Columbia," Finavera's CEO Jason Bak said. This agreement is the first of five such agreements with First Nations that the company hopes to conclude.