ABB_id2059
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.



Hybrid Energy Innovations 2015

Trachte_id2056
Latest Top Stories

The Song Remains The Same: AWEA Says Stable Policy Can Protect U.S. Wind Investment

Although the U.S. wind industry added more than four times the amount of wind in 2014 compared with 2013, predictable policy is needed to sustain its long-term success.


High Net-Worth Investors Claim 'All Of The Above' On Energy, Renewable And Otherwise

According to a recent Morgan Stanley poll, high-dollar investors favor investment in renewable energy technologies, such as wind and solar.


U.S. Wind Power Installations Surpassed 4.7 GW Last Year, Although China Still Leads

Bloomberg New Energy Finance reports that U.S. wind installations came back in a big way from a disappointing 2013.


IRS Specifies Performance, Quality Standards For Small Wind Turbines

The Internal Revenue Service (IRS) recently issued guidelines creating safety and performance standards for small wind turbines to be eligible for the 30% investment tax credit.


Hot Times North Of The Border: Canada Tops Previous Record For Installed Wind Capacity

For the second consecutive year, Canada's wind market has bested the country's previous mark for new installations.

Hybrid Energy Innovations 2015