McLeod Lake Indian Band to back Finavera's wind projects in British Columbia
Aug 24, 2011 - Canadian wind project developer Finavera Renewables Inc (CVE:FVR) said Tuesday that the McLeod Lake Indian Band will have financial participation in the company's four wind farm projects in British Columbia.
The projects include the 117-MW Meikle, 47-MW Tumber Ridge, 77-MW Wildmare and 60-MW Bullmoose wind farms. Finavera and the McLeod Lake Indian Band have reached an agreement in principle to terms on a memorandum of understanding.
In late September 2010, Finavera signed a similar memorandum of understanding with the Halfway River First Nation government. The company is currently seeking cooperation with other First Nations -- West Moberly First Nation, Doig River First Nation and Saulteau First Nations.