Canadian Hydro To Acquire Vector Wind Energy

NAW Staff
by NAW Staff
on October 13, 2006 No Comments
Categories : FYI

Canadian Hydro Developers Inc. and Vector Wind Energy Inc. recently announced Canadian Hydro will acquire all of the issued and outstanding common shares of Vector at C$0.30 per share (C$6.3 million). The all-cash acquisition is pending shareholder and all necessary regulatory approvals.

The acquisition will position Canadian Hydro for wind development opportunities in Manitoba and provide the company with additional wind prospects in Ontario.

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