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

Despite 2013 Challenges, U.S. Wind Power Reaches All-Time Low Price

In a new report, the U.S. Department of Energy details the highs and lows of the country's wind industry last year, and the agency maintains that the U.S. sector remains strong.


Mexico On Pace To Set New Renewables Investment Record

A new report says the country has spent $1.3 billion on clean energy in the first half of 2014 and could end up seeing a record year. Furthermore, wind power is slated for significant growth in the region.


IRS Issues More PTC Guidance, Easing Some Wind Industry Concerns

The Internal Revenue Service (IRS) addresses how much work is needed on a wind farm to satisfy production tax credit (PTC) eligibility.


Embryonic No More: U.S. Offshore Wind Industry Gaining Momentum

After a decade of fits and starts, the industry is moving closer to installing the first generation of wind projects off the country's shores.


AWEA: U.S. Installs 853 MW Of Wind In First Half Of 2014

The American Wind Energy Association (AWEA) reveals the U.S. industry's progress thus far this year and underscores the importance of policy certainty.

Canwea_id1984
Renewable NRG_id1934
Tower Conference_id1965