Advertisement: The Glooscap Wind Field Inc.
The Kentville Advertiser, 22 July 2008
In January 2007, Scotian WindFields Inc. was formed as a result of an agreement between the eight Nova Scotian community-owned WindFields formed under the CEDIF initiative (the Community Economic Development Investment Fund program of the Department of Economic Development). The main purpose of Scotian WindFields Inc. is to develop investment opportunities in renewable energy for funds raised within Nova Scotia through the eight WindFields.
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Scotian WindFields Inc. Website
Incorporated 25 October 2002.
Nova Scotia Joint Stock Registry number 3071812.
Scotian WindFields Inc. Website
Producers say N.S. could be doing more to expedite renewable energy projects Canadian Press, 22 October 2007
Producers of renewable energy, both big and small, say the province of Nova Scotia could be doing more to help speed the addition of green power projects to the grid. Barry Zwicker, president of Scotian Windfields, told the legislature's resource committee Tuesday that government needs to send out a strong message about its commitment to renewable energy...
Long-Term Power Purchase Agreement Awarded by Nova Scotia Power 14 May 2008
Joint venture partners SkyPower Corp. and Scotian WindFields Inc. announced that they have been awarded a long term power purchase agreement (PPA) by Nova Scotia Power for power produced by a wind project located in Digby, Nova Scotia. Skypower and Scotian WindFields have been awarded a 20-year contract to develop a 30-megawatt wind park in the Municipality of Digby. The 2700-acre wind park is expected to become operational in 2009. The Digby wind park is the first facility of its kind in Nova Scotia to be developed in part through community funds. Joint venture partner Scotian WindFields is a community-owned renewable energy company, focusing on wind energy and Thermal Solar development in Nova Scotia. The Digby wind park is the first facility of its kind in Nova Scotia to be developed in part through community funds. The project is a significant milestone for the community and for all those who support renewable energy in the area...
Skypower Receives Environmental Approval for Digby, Nova Scotia, Wind Project 24 Aug 2009
Skypower Corp. and Scotian Windfields are pleased to announce today that the Nova Scotia Environment Department has granted environmental approval for 25.5 MW of wind turbine capacity for the Digby wind power project which is to be located near Digby, Nova Scotia...
Emera adds to wind holdings - Firm now owns Digby Neck wind farm Halifax Chronicle Herald, 3 February 2010
Nova Scotia Power Inc.'s parent company has gobbled up the remaining interests in a 20-turbine wind farm in Digby Neck. Emera Inc. announced Tuesday (2 Feb 2010) that it has purchased 100 per cent of the shares Scotian WindFields Inc. had in the project. Emera purchased the other half of the project in November 2009 from SkyPower Corp., which entered into creditor protection when owner Lehman Brothers Holding Inc. went bankrupt. "As we moved through that process, we started into meetings and discussions with Scotian. We ended up purchasing their interest as well," said Emera spokeswoman Sasha Irving... Emera finalized the purchase of Scotian Windfields on February 1st. The deal includes a development agreement that will see Scotian Windfields continue to work on the project in an unspecified capacity. Development costs on the Digby wind project were about $19.1 million when SkyPower filed for creditor protection in August 2009. The company also paid US$16.2 million towards the cost of purchasing 20 wind turbines from General Electric Co. The total cost of purchasing the turbines is about US$41.1 million, according to court documents. Dan Roscoe, chief operating officer of Scotian Windfields, said the project can now move toward completion. "We think this is a very positive move for our investors for what we had invested in to this project," he said Tuesday (2 Feb 2010)... The Digby wind project includes a 20-year power purchase agreement with Nova Scotia Power. The project is expected to be completed by the end of 2010...
Incorporated on 12 January 2001.
Nova Scotia Joint Stock Registry number 3052435.
The Bay Wind Field Inc. Website home page
The Bay Wind Field Inc. Digby test site
Incorporated on 4 December 2001.
Nova Scotia Joint Stock Registry number 3062148.
Incorporated on 23 September 2004.
Name changed 24 August 2006 from The Cumberland Wind Field Inc.
Nova Scotia Joint Stock Registry number 3093888.
Incorporated on 6 September 2005.
Nova Scotia Joint Stock Registry number 3104972.
2007 January 8
Nova Scotian Community Wind Power Investment Fund Issues Share Offering
The Glooscap Wind Field Inc., one of the community development corporations collectively referred to as the Scotian WindFields has been authorized to issue shares under the Nova Scotia's Community Economic Development Investment Fund (CEDIF) initiative of the NS Department of Economic Development.
The Scotian WindFields are a network of eight community corporations throughout Nova Scotia working towards the shared vision of generating wind energy for sale in the province. Investments in a CEDIF are eligible as a RRSP contribution and for 30% non-refundable Nova Scotia Equity Tax Credit against Nova Scotia taxes payable if held for five years. Shareholders may qualify for subsequent tax credits in the 6th (20%) and 11th (10%) year after making the initial investment if the CEDIF meets the additional requirements under the NS Equity Tax Credit legislation to qualify the CEDIF's shareholders for these tax credits...
The network of active community corporations has grown over five years to include The Bay Wind Field (Digby, Yarmouth and Annapolis), The Glooscap Wind Field (Kings, Hants East & West), Northumberland Wind Field (Pictou and Antigonish), Colchester-Cumberland Wind Field, Sou'Wester Wind Field (Queens, Shelburne, Lunenburg) and Chebucto Wind Field (Halifax Regional Municipality). The Gold Coast Wind Field (Guysborough) and Isle Wind Fields (Cape Breton) are currently seeking directors to round out their complement of local directors as per CEDIF regulations.
The Glooscap Wind Fields is authorized to raise up to 3 million per offering to dedicate to the development of wind energy in their communities. The share offerings will be available until March 1, 2007, the deadline to receive tax benefits for the 2006 taxation year. Shares are being sold for $1 with a minimum purchase of $1000....
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Nova Scotian Community Wind Power Investment Fund Issues Share Offering Government press release 8 Jan 2007
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ICS comment:—
This advertisement (above) includes significant information about the financial arrangements of this incorporated company – thus one could reasonably expect that the management would see that care was taken to get the details right. However, this ad displays a remarkable level of sloppiness about the legal name of the company! The company name is shown four times in this ad. It is shown three times as "Glooscap WindField..." (WindField as one word) and once as "Glooscap Wind Field..." (Wind Field as two words). The legal name as reported by the Registry of Joint Stock Companies is: "The Glooscap Wind Field Inc." (Wind Field as two words). The fully correct legal name appears nowhere in this ad. |
Incorporated on 14 September 2004.
Nova Scotia Joint Stock Registry number 3093531.
Incorporated on 23 November 2004.
Nova Scotia Joint Stock Registry number 3095649.
Incorporated on 27 September 2004.
Nova Scotia Joint Stock Registry number 3093968.
2007 January 8
Nova Scotian Community Wind Power Investment Fund Issues Share Offering
The Northumberland Wind Field Inc., one of the community development corporations collectively referred to as the Scotian WindFields has been authorized to issue shares under the Nova Scotia's Community Economic Development Investment Fund (CEDIF) initiative of the NS Department of Economic Development.
The Scotian WindFields are a network of eight community corporations throughout Nova Scotia working towards the shared vision of generating wind energy for sale in the province. Investments in a CEDIF are eligible as a RRSP contribution and for 30% non-refundable Nova Scotia Equity Tax Credit against Nova Scotia taxes payable if held for five years. Shareholders may qualify for subsequent tax credits in the 6th (20%) and 11th (10%) year after making the initial investment if the CEDIF meets the additional requirements under the NS Equity Tax Credit legislation to qualify the CEDIF's shareholders for these tax credits...
The network of active community corporations has grown over five years to include The Bay Wind Field (Digby, Yarmouth and Annapolis), The Glooscap Wind Field (Kings, Hants East & West), Northumberland Wind Field (Pictou and Antigonish), Colchester-Cumberland Wind Field, Sou'Wester Wind Field (Queens, Shelburne, Lunenburg) and Chebucto Wind Field (Halifax Regional Municipality). The Gold Coast Wind Field (Guysborough) and Isle Wind Fields (Cape Breton) are currently seeking directors to round out their complement of local directors as per CEDIF regulations.
The Northumberland Wind Field is authorized to raise up to 3 million per offering to dedicate to the development of wind energy in their communities. The share offerings will be available until March 1, 2007, the deadline to receive tax benefits for the 2006 taxation year. Shares are being sold for $1 with a minimum purchase of $1000...
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Nova Scotian Community Wind Power Investment Fund Issues Share Offering Government press release 8 Jan 2007
Incorporated on 14 September 2004.
Nova Scotia Joint Stock Registry number 3093529.
