The tightening global credit market continues to cause financing problems, for the 360 million dollar wind farm project near Chetwynd. Calgary-based EarthFirst Canada has been forced to obtain creditor protection, to give the company more time to try to raise financing or sell. The project at Dokie Ridge is one of the first wind farms in B-C. The intention was to have 48 turbines up and running by next fall, capable of generating 144 megawatts of power — enough to power 34-thousand homes a year.
Issues for Chetwynd Wind Farm
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CALGARY _ The Alberta government is providing a $440-million loan guarantee to help a Calgary-based company build a bitumen upgrader east of Edmonton.Value Creation...