OAKVILLE, ON, May 30, 2013 /CNW/ - Niagara Region Wind Corporation
(NRWC) supports the provincial government's commitment to green energy,
further emphasized today in a statement made by Ontario Energy Minister
At a press conference earlier today, Minister Chiarelli emphasized the
government's commitment to green energy, and announced changes to
Ontario's Feed-In-Tariff (FIT) program, including expanded financial
benefits to local governments from wind power projects.
"NRWC has been engaging with local communities for years prior to
receiving our FIT contract in February 2011. We have offered Community
Vibrancy Funds to local communities totaling more than $20 million.
Our financial commitment to local communities exceeds $100 million in
addition to hundreds of local Ontario sourced jobs. To that end, we
have signed agreements with local municipalities, local property owners
and enticed manufacturing to Ontario. Major announcements are planned
for the coming weeks." stated Mervin Croghan, Chairman & CEO, Niagara
Region Wind Corporation.
"Though today's announcement largely impacts future projects, we believe
it reflects the spirit of local consultation and inclusion that NRWC
has been practicing since its inception," added Bob Daniels, Principal,
Niagara Region Wind Corporation.
Niagara Region Wind Corporation received a Feed-in-Tariff contract in
February 2011 for its 230 MW wind power project in West Lincoln and
Wainfleet in Niagara Region, as well as Haldimand County.
Niagara Region Wind Corporation (NRWC) is focused on the development of
renewable energy projects in Canada. It is an Ontario-based company
committed to investing in local communities. NRWC is a partnership
between Renewable Energy Business Ltd. and Daniels Power Corporation.
SOURCE: Niagara Region Wind Corporation
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