Wind Energy America, Boreal Energy Form Alliance

NAW Staff, Tuesday 22 May 2007 - 10:52:54

Wind Energy America Inc. has formed a partnership with Boreal Energy Inc., a Minnesota-based firm that develops and owns wind farms throughout North America. The alliance will allow Wind Energy America to become involved in a number of Boreal Energy's projects.

Under the agreement, Wind Energy America will provide funding for 50% of the costs associated with upgrading a Buffalo Ridge substation. In return, Wind Energy America will be involved in selected Boreal Energy projects at a preferential rate, the companies say.

"[Boreal Energy] has a growing pipeline of 1,200 MW - a significant portion of which is late stage or even pre-construction," says Robert Williams, Wind Energy America's chair. "This will provide us with immediate and significant opportunities to participate in high-quality wind power projects."


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