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Lawsuit filed over company's alleged failure to develop controversial wind farm projects in southern Alberta

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Four investors in proposed controversial wind farms in the Cypress Hills area are suing the company that bought them out, a lawsuit claims.

The claim, filed in Calgary Court of Queen’s Bench by northern Ontario alternative energy entrepreneur David Boileau and three others, says NaturEner Energy Canada Inc.’s failure to proceed with the projects violated their share purchase agreements.

The proposed projects — Wild Rose I Wind Farm and Wild Rose II Wind Farm — were each to have approximate capacities of 200 megawatts and be built in the Cypress Hills area southeast of Medicine Hat. Around the same time, the Alberta Utilities Commission “noted NaturEner Canada was in non-compliance with its directions to complete certain steps and move the WR1 project forward,” it says.

 

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Lawsuit filed over company's alleged failure to develop controversial wind farm projects in southern AlbertaFour investors in proposed controversial wind farms in the Cypress Hills area are suing the company that bought them out, a lawsuit claims.
Herkunft: calgarysun - 🏆 63. / 52 Weiterlesen »