in News Departments > New & Noteworthy
print the content item

Wind Energy America Inc. (WNEA) has completed an acquisition of wind energy assets from Boreal Energy Inc. in a tax-free exchange for WNEA common stock. As a result of the completed transaction, WNEA will exchange 28.5 million unregistered common shares for these Boreal assets.

Boreal assets include property and development rights for many wind farm projects in the upper Midwest and Great Plains regions, including Iowa, Minnesota, North Dakota and South Dakota, Montana, Wisconsin and southern Ontario.

As a wind farm developer, Boreal holds interests and rights to a pipeline of wind energy projects under design or development of approximately 1,200 MW.




Trachte Inc._id1770
Latest Top Stories

Kansas Renewables Mandate Survives Yet Another Attack, But Is It Too Early To Celebrate?

Over the past three years, some legislators have tried to either weaken or repeal the state's renewable portfolio standard, which requires Kansas utilities to reach 20% renewables by 2020.


AWEA Highlights U.S. Wind Success Stories Of 2013

Despite a 92% drop in new capacity last year, the sector still has myriad reasons to celebrate, according to a new report from the American Wind Energy Association.


Feds List New Bird Species As Threatened - Should Wind Developers Be Worried?

The U.S. Fish and Wildlife Service is designating the lesser prairie-chicken as threatened under the Endangered Species Act. An expert explains how this might affect the wind industry.


Senate Committee Passes Bill With Two-Year PTC Extension

The Senate Finance Committee has voted on a tax extenders package, which includes both the production tax credit (PTC) and investment tax credit, and sent it to the floor.


Five Common Gearbox Failures And How To Identify Them

Wind turbine gearbox failures are a major source of unplanned maintenance costs. An expert explains the most frequent failure modes and offers prevention tips.

WomenofWind_id
JLG_id1900
Acciona_id1907
UEA_id1896
AWEA_id1886
bonfiglioli_id1913