NaiKun and Haida Nation partner for offshore wind project

Vancouver, B.C.: British Columbia-based renewable energy company NaiKun Wind Energy Group and the Council of the Haida Nation have formed a partnership to support the development of Canada's first offshore wind energy project.

The NaiKun project is located in British Columbia's Hecate Strait, between the mainland and the Haida Gwaii, also known as the Queen Charlotte Islands. The area is the traditional territory of the Haida, the indigenous people of the area. The partnership will be a commercial limited partnership that will operate and maintain the NaiKun wind energy project after construction. The agreement provides benefits to the Haida Nation from the project, including revenue sharing, environmental stewardship and employment and economic development opportunities. The agreement formalizes the relationship between the Haida Nation and NaiKun, and builds on a memorandum of understanding signed in May 2007. The Haida Nation and NaiKun subsidiary NaiKun Wind Operating Inc. will participate equally in the partnership in terms of ownership and economic value.

Read More