LOCATION/TYPE

NEWS HOME

[ exact phrase in "" • results by date ]

[ Google-powered • results by relevance ]


Archive
RSS

Add NWW headlines to your site (click here)

Get weekly updates

WHAT TO DO
when your community is targeted

RSS

RSS feeds and more

Keep Wind Watch online and independent!

Donate via Paypal

Donate via Stripe

Selected Documents

All Documents

Research Links

Alerts

Press Releases

FAQs

Campaign Material

Photos & Graphics

Videos

Allied Groups

News Watch Home

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

Credit:  Kevin Martin | Calgary Sun | Aug 09, 2022 | calgarysun.com ~~

Four investors in controversial proposed wind farms in the Cypress Hills area are suing the company that bought them out for not following through on the projects, costing them $10.75 million in unpaid share sales, a lawsuit claims.
Article content

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 four agreed to sell their interests in West Windeau Inc. in August 2007, on condition two massive wind turbine operations proceed, the claim states.

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.

“In or about December 2021, a third party acquired from NaturEner Canada all of the issued and outstanding shares of (subsidiary companies), which include the WR1 and WR2 projects,” the statement of claim says.
Article content

Around the same time, the Alberta Utilities Commission “noted NaturEner Canada was in non-compliance with its directions to complete certain steps and (among other things) move the WR1 project forward,” it says.

“NaturEner Canada has effectively abandoned all aspects of the WR1 project and sold all of its shares in the WR2 project to a third party. In doing so, the plaintiffs state that NaturEner Canada and NaturEner WR1 Inc. have failed to materially comply with its covenant contained in . . . the (share purchase agreement) and has breached the terms of same.”

In 2005, West Windeau announced plans to build dozens of wind turbines on provincially owned and private rangeland along the northwest edge of Cypress Hills Provincial Park, raising concerns from some environmentalists about the location of the windmills.

At the time, Boileau said the project was in the “very early” stages but he was committed to addressing concerns.

A statement of defence disputing the unproven allegation in the claim has not been filed.

Source:  Kevin Martin | Calgary Sun | Aug 09, 2022 | calgarysun.com

This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.

The copyright of this article resides with the author or publisher indicated. As part of its noncommercial educational effort to present the environmental, social, scientific, and economic issues of large-scale wind power development to a global audience seeking such information, National Wind Watch endeavors to observe “fair use” as provided for in section 107 of U.S. Copyright Law and similar “fair dealing” provisions of the copyright laws of other nations. Send requests to excerpt, general inquiries, and comments via e-mail.

Wind Watch relies entirely
on User Funding
   Donate via Paypal
(via Paypal)
Donate via Stripe
(via Stripe)

Share:

e-mail X FB LI TG TG Share


News Watch Home

Get the Facts
CONTACT DONATE PRIVACY ABOUT SEARCH
© National Wind Watch, Inc.
Use of copyrighted material adheres to Fair Use.
"Wind Watch" is a registered trademark.

 Follow:

Wind Watch on X Wind Watch on Facebook

Wind Watch on Linked In Wind Watch on Mastodon