TSLEIL-WAUTUTH NATION INVESTING IN A GREEN FUTURE

Vancouver 2010 Host Nation & Endurance Wind Power join forces to create a sustainable future for First Nations

VANCOUVER, Feb. 17 /CNW/ - The Tsleil-Waututh Nation (TWN) has made a $2-million equity investment in Surrey-based wind energy manufacturer Endurance Wind Power. As part of the partnership, TWN Wind Power Inc. will become the distributor of Endurance Wind Power's 5kW and 50kW community-based wind turbines to First Nations and Indigenous groups in Canada and the United States.

As the first partnership of its kind in Canada, TWN Wind Power Inc. is stepping to the forefront of a shift in thinking for First Nation communities across the country, while expanding the Tsleil-Waututh Nation's economic development ventures into the growing renewable energy sector. 

As one of the Four Host First Nations for the Vancouver 2010 Olympic and Paralympic Winter Games, TWN is establishing itself as a leader in the effort to help First Nation communities generate a reliable, renewable supply of energy that will reduce their overall energy costs, and enable them to invest in other economic and social development priorities. To finance the deal, TWN has accessed financial support through a number of economic development programs administered by Indian and Northern Affairs Canada that will support TWN in creating long-term legacies from the 2010 Games.

In launching this new partnership with successful, locally-owned and operated Endurance Wind Power, TWN plans to create jobs, grow the community-based wind industry and provide renewable energy for First Nations for generations to come.

"We are proud to be the catalyst for change in the way First Nations in this country generate power," said Tsleil-Waututh Nation Chief Justin George. "With Endurance Wind Power's innovative technology, we are striving to help Canada's First Nations reduce their dependence on non-renewable sources of power while preserving the environment we so depend on."

Endurance Wind Power's advanced small turbine technology brings the benefits of renewable energy within the reach of small communities, homeowners, farmers, businesses, and institutions across North America, the United Kingdom and an expanding global market. While utility-grade wind farms can take up to five years to go from concept to operation, Endurance's small-scale turbines can provide power generation to First Nation communities in just a matter of months.

"This partnership with the Tsleil-Waututh Nation serves as a fantastic opportunity for Endurance to provide First Nation communities in B.C. and across the country with power derived from a clean resource," said Endurance Wind Power President & CEO Glenn Johnson. "Our 50 kilowatt turbine can provide enough power for up to 20 homes, while the 5 kilowatt unit is a perfect electricity solution for one or two homes."

TWN's equity investment along with the distribution agreement with Endurance Wind Power adds a new pillar in its diversified business interests. In addition to pursuing community-based turbine installations throughout North America, TWN is also exploring other joint venture opportunities with Endurance to expand its business interests in the wind energy sector.

"First Nations are pursuing many opportunities to become economically self-sufficient in order to create healthy, secure communities for our people," said Assembly of First Nations National Chief Shawn Atleo. "The creation of TWN Wind Power is a huge step forward in terms of generating clean, green power, wealth, and employment in B.C. and across the country. First Nations are well-positioned to be leaders in development that is responsible and sustainable and I congratulate the Tsleil-Waututh Nation on their new partnership with Endurance Wind Power."

About The Tsleil-Waututh Nation - www.twnwindpower.com
The Tsleil-Waututh Nation is a small but growing community of 500 located in Greater Vancouver. TWN aims to be active participants in all social, economic, cultural, and political activities that take place on their traditional territories by thinking big and acting decisively to care for their lands and waters. TWN own and operate seven businesses in the alternative energy, tourism, construction, real estate and retail sectors. With its newest venture, TWN Wind Power Inc., the nation is actively pursuing business opportunities to bring clean, renewable energy within reach of remote and rural First Nations to create a sustainable future for Aboriginal people.

About Endurance Wind Power - www.endurancewindpower.com
Endurance Wind Power is a manufacturer of advanced small wind turbines, designed specifically for distributed wind power applications. Their line of modern, induction-based wind turbines brings efficient, reliable, safe and quiet, renewable energy within reach of homeowners, farmers, businesses and institutions across North America, the United Kingdom and an expanding global market.

NOTE TO EDITORS: HD video B-roll is available for download from the TWN Wind Power website www.twnwindpower.com.

SOURCE TWN Wind Power Inc.

For further information:

Media Contacts:

TWN Wind Power
Bill Eisenhauer, Good Relations, Inc.
250-383-5605 or 250-744-4748 (mobile)
bill@goodrelations.ca
Brian Hanson, Endurance Wind Power
604-579-9439
bhanson@endurancewindpower.com

Profil de l'entreprise

TWN Wind Power Inc.

Renseignements sur cet organisme

GREEN NEWS

Renseignements sur cet organisme


FORFAITS PERSONNALISÉS

Jetez un coup d’œil sur nos forfaits personnalisés ou créez le vôtre selon vos besoins de communication particuliers.

Commencez dès aujourd'hui .

ADHÉSION À CNW

Remplissez un formulaire d'adhésion à CNW ou communiquez avec nous au 1-877-269-7890.

RENSEIGNEZ-VOUS SUR LES SERVICES DE CNW

Demandez plus d'informations sur les produits et services de CNW ou communiquez avec nous au 1‑877-269-7890.