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enXco Acquires Element Power’s Texas Wind Development Assets

enXco Acquires Element Power’s Texas Wind Development Assets

enXco, an EDF Energies Nouvelles Company, has acquired the Bobcat Bluff Wind Project from Element Power US, LLC. Financial terms were not disclosed. The project, which spans approximately 14,000 contiguous acres, is located approximately 20 miles south of Wichita Falls in Archer County, Texas. enXco intends to deploy up to 150 MW of GE 1.5 sle turbines. Construction is expected [...]
Parta Dialogue to Acquire GreenPod.fr

Parta Dialogue to Acquire GreenPod.fr

PARTA Dialogue Inc. (TSX-V: PAD), a provider of Social Media and Social Learning solutions, said it intends to acquire the GreenPod WEB platform in the coming weeks. PARTA Dialogue will acquire from Robin Placet the GreenPod Web platform in exchange for 810,000 common shares of PARTA Dialogue. In addition, PARTA Dialogue will pay €2,000 HT for expenses related to the platform [...]
Sprott Power to Sell North Western BC Hydro Projects

Sprott Power to Sell North Western BC Hydro Projects

Sprott Power Corp. (TSX: SPZ), an owner, operator and developer of renewable energy projects, has signed a non-binding letter of intent to sell its suite of hydro projects located in north western British Columbia, which includes the 30 megawatt Anyox Creek Hydroelectric Project and other nearby hydro development assets. Financial terms were not disclosed. Subject to the successful [...]
Infinia Corporation Completes Convertible Debenture Financing

Infinia Corporation Completes Convertible Debenture Financing

Infinia Corporation has secured a US $31 million round of convertible debenture financing with nine investors. Infinia’s investors include Black Pearl Capital Limited, EQUUS Total Return, Inc., Foxconn Technology Group, GLG Partners, Inc., Idealab, Power Play Energy, LLC, Vulcan Capital, Wexford Capital LLC. Infinia has also issued unspecified amount of worth of its equity shares [...]
Enbridge to Transfer 3 Renewable Energy Projects to Enbridge Income Fund for $1.3 Billion

Enbridge to Transfer 3 Renewable Energy Projects to Enbridge Income Fund for $1.3 Billion

Enbridge Income Fund Holdings Inc. (EIFH) (TSX: ENF) and Enbridge Income Fund (EIF) said it has received a proposal from Enbridge Inc. (TSX/NYSE:ENB) to transfer three renewable energy assets, Ontario Wind, Sarnia Solar and Talbot Wind energy projects, to the fund for an aggregate price of $1.3 billion, to be paid in part by the issuance of additional ordinary trust units of EIF [...]
Algonquin and Emera Acquires 49% Interest in First Wind’s Northeast Projects

Algonquin and Emera Acquires 49% Interest in First Wind’s Northeast Projects

First Wind Holdings, LLC has sold a minority interest (49%) in its wind energy projects in the Northeast U.S. to Northeast Wind, a joint venture Algonquin Power and Utilities Corp. (TSX: AQN) and Emera Inc. (TSX: EMA) First Wind has a 370 Megawatt (MW) portfolio of wind energy projects in the Northeast U.S. including five operating projects and two projects near operation. These [...]
Innergex Renewable Energy Closes Acquisition of Stardale Project

Innergex Renewable Energy Closes Acquisition of Stardale Project

Innergex Renewable Energy Inc. (TSX: INE) has completed its previously announced acquisition of Stardale Solar Project. Innergex Renewable Energy acquired all the issued and outstanding shares of an unnamed entity owning the rights to develop Enfinity NV 27-MWAC Stardale Photovoltaic Solar Project for $11.1 million. The acquisition also includes costs of $118.9 million pertaining [...]
Greening Canada Fund Buys Carbon Credits from Les Soeurs de l’Assomption de la Sainte Vierge

Greening Canada Fund Buys Carbon Credits from Les Soeurs de l’Assomption de la Sainte Vierge

Les Sœurs de l’Assomption de la Sainte Vierge has sold 9,358 tons of carbon dioxide equivalent (Carbon Credits) to L2I Financial Solutions who then re-sold the  Credits to the Greening Canada Fund afterward. Financial terms were not disclosed. Les Sœurs de l’Assomption de la Sainte Vierge said it became the first Roman Catholic Church recognized by the Vatican to [...]
Triwood Capital and Algae Biosciences Close QT and Prospectus Offering

Triwood Capital and Algae Biosciences Close QT and Prospectus Offering

Algae Biosciences Corporation (TSX-V: ABV), formerly Triwood Capital Corp. (TSX-V: TRD.H) have completed their previously announced qualifying transaction (QT) and prospectus offering. Pursuant to an agreement and plan of merger dated January 28, 2011, Triwood Capital acquired Algae Biosciences Corporation in a reverse take-over (RTO) as a Triwood Capital’s QT. In connection [...]
AXEA Capital Updates Two-West Wind and Solar QT

AXEA Capital Updates Two-West Wind and Solar QT

AXEA Capital Corp. (TSX-V: XEA.H) today updated its progress of the previously announced qualifying transaction (QT) with Two-West Wind and Solar Inc. Under the proposed QT, AXEA and Two-West will combine their businesses by means of a triangular amalgamation, resulting the shareholders of Two-West receiving 12,000,000 AXEA shares at a deemed price of $0.25 per share for a deemed [...]
Wind Works Power Acquires 75% Interest in Thunder Spirit Project

Wind Works Power Acquires 75% Interest in Thunder Spirit Project

Wind Works Power Corp. (OTC BB: WWPW; FRANKFURT: R5E1; WKN: A0RPM2) said it has acquired a 75% interest in Thunder Spirit, a 150 MW wind energy project located in North Dakota. The Thunder Spirit project increases Wind Works’ pipeline in the United States to 425 MW. Consideration for the 75% interest consisted of payment of $260,000 interconnection deposit, which has been [...]
Fuel Systems Solutions and Alternative Fuel Systems Mail Bid Circular and Directors’ Circular

Fuel Systems Solutions and Alternative Fuel Systems Mail Bid Circular and Directors’ Circular

Fuel Systems Solutions, Inc. (NASDAQ: FSYS) and Alternative Fuel Systems (2004) Inc. (TSX-V: AFX) have mailed the formal take-over bid circular in respect of the offer by AFS Acquisition Co. Inc., a wholly owned indirect subsidiary of IMPCO Technologies, Inc., which is a wholly owned direct subsidiary Fuel Systems Solutions, to acquire all of the outstanding common shares of AFS, [...]
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