NaiKun Wind Plans To Submit EA Certificate

Posted by NAW Staff on March 20, 2009 No Comments
Categories : FYI

Vancouver, British Columbia-based NaiKun Wind Energy Group Inc. held its annual general meeting and re-elected the following members of the company's board of directors: Michael C. Burns, Fereydoun Dabiri, Joseph S. Houssian, Philip G. Hughes, Kenneth McCready, Paul Taylor, David Rehn, Steven A. Sanders and Graham Wilson.

In addition, the company says it plans to submit an application for an environmental assessment (EA) certificate, which will be followed in the spring by a public comment period and continued consultation and discussions with stakeholders and local communities. The process is scheduled to result in the granting of a certificate by the end of the year.

NaiKun Wind expects to be advised mid-year on BC Hydro's selection of successful proponents in the Clean Power Call, with the signing of an electricity purchase agreement shortly thereafter.

In preparation, the company is advancing logistical analyses and various discussions with suppliers and contractors to ensure that Phase I construction timelines are met. The company is also working to bring in a second strategic partner per its original plan and working toward Phase I project financing.

SOURCE: NaiKun Wind Energy Group Inc.

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