TSXV:NKW.H - Post by User
Comment by
BayWallon Jan 27, 2022 10:49am
387 Views
Post# 34366535
RE:RE:What does this company do?
RE:RE:What does this company do?What else can the company do?.... but be patient, remain optimistic and wait like the rest of us.
January 27, 2022
Oceanic is a minority owner of a Limited Partnership that holds the development rights to an offshore wind project located in Hecate Strait off the coast of British Columbia, Canada (the "Project"). Northland Power Inc. (TSX: NPI) ("Northland"), a global developer, owner and operator of sustainable infrastructure assets is responsible for all aspects of the Project's development.
The wind project is the only project of significant utility scale in the region and with the remarkable advances in offshore wind development, the project is competitive to help meet the long-term electricity needs of British Columbia. With Northland as the developer, the need for renewable energy to power BC's future, and the strong support from the federal government to reduce GHG to support Climate Change commitments, Oceanic remains optimistic the project will be developed.