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Abstract

"We are very pleased to have a highly respected firm such as Cormark supporting NaiKun Wind to determine the best approach for realizing value from the Company's assets and the important relationships we have developed over the last seven years," stated Michael O'Connor, NaiKun Wind President and CEO. "We are confident that Cormark's knowledge of our Company will create efficiencies during the review and deliver the most appropriate strategy to optimize shareholder value," said Mr. O'Connor.

NaiKun Wind Energy Group Inc. is a British Columbia-based renewable energy company with offices in Vancouver, Masset and Skidegate. Located on B.C.'s northwest coast, where the wind resource is one of the strongest and most consistent in the world, NaiKun Wind's 396MW offshore wind project would generate enough energy to provide electricity to 130,000 B.C. homes. The NaiKun Wind project is at an advanced stage of development with environmental certification from the Provincial Government and agreements in place with key suppliers and First Nations. Given its development status, construction can begin within two years of the award of an electricity purchase agreement. For more information on NaiKun Wind, please visit www.naikun.ca.

Details

Title
NaiKun Wind Selects Cormark Securities as Strategic Advisor
Author
Anonymous
Publication year
2010
Publication date
Jun 24, 2010
Publisher
Intrado Digital Media Canada Inc.
Source type
Trade Journal
Language of publication
English
ProQuest document ID
518818190
Copyright
Copyright CCNMatthews Jun 24, 2010