Banner Year for Community Wind Power Funds
The following is information I am passing on from one of my clients whom I think is leading the way in the battle to reduce one's carbon footprint.
Recent announcements by the NS Government that Nova Scotia Power must purchase 20% of their power supply,some 600MW or 1 billion in investment, from green energy producers overthe next five years is a welcome announcement to the Scotian WindFields network of community investment funds.
Five community economic development investment funds focused on renewable energy and in particular wind power are currently available to investors. Investments are eligible as a RSP contribution as well as for a 30% tax credit against Nova Scotia Taxes payable.
The Simplified Offerings will be made available until March 01, 2007. Details on the five communities and access to their Offering Documents can be accessed through the links below or by
contacting info@scotianwindfields.org or calling 877.798.5085.
Available Funds: January 22nd, 2007
The Glooscap Wind Field (Hants East, Hants West
& Kings Counties)
The
Northumberland Wind Field (Pictou & Antigonish Counties)
The
Chebucto Wind Field (Halifax Regional Municipality)
The Sou’Wester Wind Field
(Shelburne, Lunenburg & Queens Counties)
The Colchester-Cumberland Wind
Field (Colchester & Cumberland Counties)

