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Bullboard - Stock Discussion Forum Oceanic Wind Energy Inc V.NKW.H

Alternate Symbol(s):  NKWFF

Oceanic Wind Energy Inc. is a Canada-based renewable energy company with a focus on an offshore wind energy project. The Company's primary business is the development of renewable energy projects. It has been developing an offshore wind project on the north coast of British Columbia in Hecate Strait.

TSXV:NKW.H - Post Discussion

Oceanic Wind Energy Inc > Private Placement
View:
Post by BayWall on Jul 13, 2021 4:22pm

Private Placement

So what can be read into this:---"and to support Northland Power Inc. in their work to obtain a PPA for the offshore wind project in Hecate Strait".

Oceanic Wind Energy Inc. Announces a Non-Brokered Private Placement | JWN Energy
Comment by BayWall on Jul 14, 2021 9:31am
Bill 17 with its proposed changes to the Clean Energy Act. Not clear how this would impact the proposed windfarm. What is the current status of this Bill? The Haida and Northland can agree on things, but BC Hydro has to buy the electricity. And will it be viewed as fair, when in the background, other IPP's could be potentially closed down? It gets complicated. There were issues of cost to BC ...more  
Comment by BayWall on Jul 14, 2021 10:15pm
Encouraging to see insiders taking part in the private placement.
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