Business News • MarketWire • Sprott Power Corp. Purchase of Wind Operating and Development Wind Energy Assets |
Sprott Power Corp. Purchase of Wind Operating and Development Wind Energy Assets |
|
|
Sprott Power Corp. Purchase of Wind Operating and Development Wind Energy Assets
TORONTO, ONTARIO--(Marketwire - Feb. 8, 2011) - Sprott Power Corp. (TSX:SPZ) announces that it has completed the previously announced purchase of 100% of the shares of Sky Generation Inc. ("Sky Gen") and transferred the ownership of Sky Gen to a wholly-owned subsidiary of Sprott Power Corp. Sky Gen operates three wind energy projects in Ontario comprised of 13 turbines and an installed capacity of 21.6 Megawatts (MW). The projects operate under long term power purchase agreements with the Ontario Power Authority and Bullfrog Power Inc. Further details on Sky Gen were contained in the Joint Information Circular dated December 14, 2010.
View More : http://www.marketwire.com/mw/release.do?id=1392596&sourceType=3
|
|
|