News
Canadian Hydro adds potentially 1,000 MW wind energy
Canadian Hydro Developers Inc. (CHD) has acquired all shares of Vector Wind Energy Inc. for a cash payment of $5.3- million, the companies said in a joint news release just before Christmas.
The acquisition adds Vector’s 20 prospective wind energy areas — with capacity for 1,000 megawatts of electrical generation — primarily in Manitoba and Ontario, but also in Quebec, the Maritimes and Newfoundland.
CHD already has a diversified portfolio of renewable energy plants — wind, water and biomass — at 18 facilities in B.C., Alberta and Ontario, including the Melancthon I wind farm.
December 28, 2006
by Wes Keller, Freelance Reporter
Canadian Hydro Developers Inc. (CHD) has acquired all shares of Vector Wind Energy Inc. for a cash payment of $5.3- million, the companies said in a joint news release just before Christmas.
The acquisition adds Vector’s 20 prospective wind energy areas — with capacity for 1,000 megawatts of electrical generation — primarily in Manitoba and Ontario, but also in Quebec, the Maritimes and Newfoundland.
CHD already has a diversified portfolio of renewable energy plants — wind, water and biomass — at 18 facilities in B.C., Alberta and Ontario, including the Melancthon I wind farm.
Those generate a “net 230 MW... [continue via Web link]
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