Advertisement: The Glooscap Wind Field Inc.
The Kentville Advertiser, 22 July 2008
In January 2007, Scotian WindFields Inc. was formed as a result of an agreement between the eight Nova Scotian community-owned WindFields formed under the CEDIF initiative (the Community Economic Development Investment Fund program of the Department of Economic Development). The main purpose of Scotian WindFields Inc. is to develop investment opportunities in renewable energy for funds raised within Nova Scotia through the eight WindFields.
Source:—
Scotian WindFields Inc. Website home page
Incorporated 25 October 2002.
Nova Scotia Joint Stock Registry number 3071812.
Scotian WindFields Inc. Website home page
2008 May 15
Joint venture partners SkyPower Corp. and Scotian WindFields Inc. announced that they have been awarded a long term power purchase agreement (PPA) by Nova Scotia Power for power produced by a wind project located in Digby, Nova Scotia. Skypower and Scotian WindFields have been awarded a 20-year contract to develop a 30-megawatt wind park in the Municipality of Digby. The 2700-acre wind park is expected to become operational in 2009. The Digby wind park is the first facility of its kind in Nova Scotia to be developed in part through community funds. Joint venture partner Scotian WindFields is a community-owned renewable energy company, focusing on wind energy and Thermal Solar development in Nova Scotia. The Digby wind park is the first facility of its kind in Nova Scotia to be developed in part through community funds. The project is a significant milestone for the community and for all those who support renewable energy in the area...
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Long-Term Power Purchase Agreement Awarded by Nova Scotia Power14 May 2008
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RenewableEnergyWorld.com 15 May 2008
Incorporated on 12 January 2001.
Nova Scotia Joint Stock Registry number 3052435.
The Bay Wind Field Inc. Website home page
The Bay Wind Field Inc. Digby test site
Incorporated on 4 December 2001.
Nova Scotia Joint Stock Registry number 3062148.
Incorporated on 23 September 2004.
Name changed 24 August 2006 from The Cumberland Wind Field Inc.
Nova Scotia Joint Stock Registry number 3093888.
Incorporated on 6 September 2005.
Nova Scotia Joint Stock Registry number 3104972.
2007 January 8
Nova Scotian Community Wind Power Investment Fund Issues Share Offering
The Glooscap Wind Field Inc., one of the community development corporations collectively referred to as the Scotian WindFields has been authorized to issue shares under the Nova Scotia's Community Economic Development Investment Fund (CEDIF) initiative of the NS Department of Economic Development.
The Scotian WindFields are a network of eight community corporations throughout Nova Scotia working towards the shared vision of generating wind energy for sale in the province. Investments in a CEDIF are eligible as a RRSP contribution and for 30% non-refundable Nova Scotia Equity Tax Credit against Nova Scotia taxes payable if held for five years. Shareholders may qualify for subsequent tax credits in the 6th (20%) and 11th (10%) year after making the initial investment if the CEDIF meets the additional requirements under the NS Equity Tax Credit legislation to qualify the CEDIF's shareholders for these tax credits...
The network of active community corporations has grown over five years to include The Bay Wind Field (Digby, Yarmouth and Annapolis), The Glooscap Wind Field (Kings, Hants East & West), Northumberland Wind Field (Pictou and Antigonish), Colchester-Cumberland Wind Field, Sou'Wester Wind Field (Queens, Shelburne, Lunenburg) and Chebucto Wind Field (Halifax Regional Municipality). The Gold Coast Wind Field (Guysborough) and Isle Wind Fields (Cape Breton) are currently seeking directors to round out their complement of local directors as per CEDIF regulations.
The Glooscap Wind Fields is authorized to raise up to 3 million per offering to dedicate to the development of wind energy in their communities. The share offerings will be available until March 1, 2007, the deadline to receive tax benefits for the 2006 taxation year. Shares are being sold for $1 with a minimum purchase of $1000....
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Nova Scotian Community Wind Power Investment Fund Issues Share Offering Government press release 8 Jan 2007
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ICS comment:—
This advertisement (above) includes significant information about the financial arrangements of this incorporated company – thus one could reasonably expect that the management would see that care was taken to get the details right. However, this ad displays a remarkable level of sloppiness about the legal name of the company! The company name is shown four times in this ad. It is shown three times as "Glooscap WindField..." (WindField as one word) and once as "Glooscap Wind Field..." (Wind Field as two words). The legal name as reported by the Registry of Joint Stock Companies is: "The Glooscap Wind Field Inc." (Wind Field as two words). The fully correct legal name appears nowhere in this ad. |
Incorporated on 14 September 2004.
Nova Scotia Joint Stock Registry number 3093531.
Incorporated on 23 November 2004.
Nova Scotia Joint Stock Registry number 3095649.
Incorporated on 27 September 2004.
Nova Scotia Joint Stock Registry number 3093968.
2007 January 8
Nova Scotian Community Wind Power Investment Fund Issues Share Offering
The Northumberland Wind Field Inc., one of the community development corporations collectively referred to as the Scotian WindFields has been authorized to issue shares under the Nova Scotia's Community Economic Development Investment Fund (CEDIF) initiative of the NS Department of Economic Development.
The Scotian WindFields are a network of eight community corporations throughout Nova Scotia working towards the shared vision of generating wind energy for sale in the province. Investments in a CEDIF are eligible as a RRSP contribution and for 30% non-refundable Nova Scotia Equity Tax Credit against Nova Scotia taxes payable if held for five years. Shareholders may qualify for subsequent tax credits in the 6th (20%) and 11th (10%) year after making the initial investment if the CEDIF meets the additional requirements under the NS Equity Tax Credit legislation to qualify the CEDIF's shareholders for these tax credits...
The network of active community corporations has grown over five years to include The Bay Wind Field (Digby, Yarmouth and Annapolis), The Glooscap Wind Field (Kings, Hants East & West), Northumberland Wind Field (Pictou and Antigonish), Colchester-Cumberland Wind Field, Sou'Wester Wind Field (Queens, Shelburne, Lunenburg) and Chebucto Wind Field (Halifax Regional Municipality). The Gold Coast Wind Field (Guysborough) and Isle Wind Fields (Cape Breton) are currently seeking directors to round out their complement of local directors as per CEDIF regulations.
The Northumberland Wind Field is authorized to raise up to 3 million per offering to dedicate to the development of wind energy in their communities. The share offerings will be available until March 1, 2007, the deadline to receive tax benefits for the 2006 taxation year. Shares are being sold for $1 with a minimum purchase of $1000...
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Nova Scotian Community Wind Power Investment Fund Issues Share Offering Government press release 8 Jan 2007
Incorporated on 14 September 2004.
Nova Scotia Joint Stock Registry number 3093529.
