Oceanic Wind Energy Inc V.NKW.H

Globe says ...

[marketminer]

Globe says TransCanada, others see shifts in wind power TransCanada Corp (C:TRP) Shares Issued 537,734,175 Last Close 9/7/2007 $36.20 Monday September 10 2007 - In the News Also Enbridge Inc (C:ENB) In the News Also Suncor Energy Inc (C:SU) In the News The Globe and Mail reports in its Monday edition that Canada's wind power business has caught the attention of foreign players, which have been buying up domestic companies as the industry consolidates. The Globe's Richard Blackwell writes that while more buyouts are expected, wind energy executives say there is still room for small independent wind developers in an industry that is finding its feet in a burgeoning market for alternative energy sources. Matthew Kaplan, an analyst at research firm Emerging Energy Research in Cambridge, Mass., said in a report the industry is becoming stratified. At one end are major energy players such as TransCanada, Brookfield Power, Enbridge and Suncor Energy, each of which has a significant wind energy division. At the other end are tiny private players such as Sequoia Energy, Green Breeze, Schneider Power and Katabatic Power. Most of these firms are focused on small projects in one or two provinces, Mr. Kaplan says, and they could be "ripe targets for acquisition activity over the coming year." One of the key reasons for the consolidation is the shortage of wind turbine equipment. However, several provinces have programs to encourage small wind companies. © 2007 Canjex Publishing Ltd.