Windstream calls for an end to politically-motivated moratorium; urges Premier Wynne to come clean...
TORONTO, March 1, 2017 /CNW/ – For the third time, Windstream Energy LLC ...
Read MoreLearn about Windstream's planned Wolfe Island Shoals Project, and get updates on recent NAFTA tribunal decisions.
Windstream Energy LLC is the sole owner of the Windstream Wolfe Island Shoals Wind Energy Project, a 300 MW offshore wind power project in eastern Lake Ontario. Windstream is also the owner of the largest Feed-In-Tariff contract with the province of Ontario. Windstream is financially backed by a major New York City-based investment group with extensive experience developing and operating energy projects in both onshore and offshore environments.
Latest media releases from Windstream, and recent mentions of us in the news.
TORONTO, March 1, 2017 /CNW/ – For the third time, Windstream Energy LLC ...
Read MoreFor the first time in the history of the North American Free Trade Agreement ...
Read MoreAn arbitral tribunal appointed under NAFTA (“the Tribunal”) today ...
Read MoreIn May 2010, Windstream’s 300 MW Wolfe Island offshore wind power project was approved through the Government of Ontario’s Feed-in-Tariff (FIT) program. It is the only offshore wind power project with a FIT contract with Ontario. The project will create 300 MW of energy through 130 turbines and will be located between five and six kilometers off the southwest shore of Wolfe Island, in Lake Ontario near Kingston.
The project has been on hold since February 2011 when the government of Ontario placed a moratorium on all off-shore wind projects, on the premise that the province required more studies on the topic. To date, the province has conducted two known desktop studies since the moratorium was put in place.
During that same time, Windstream has undertaken 47 detailed studies utilizing expertise from credible, internationally renowned experts – many of whom have been retained by Ontario’s Ministry of Energy and Climate Change on other projects. All 47 studies indicated that there is no adverse impact to the surrounding environment. Summaries of the 47 studies can be found here.
On September 30, 2016, an NAFTA tribunal awarded Windstream $28 million for damages and legal costs – the largest NAFTA award against Canada –and declared Windstream’s contract to be valid and "in force.” To date, the Canadian government has yet to fulfill its NAFTA obligations. As a result, on February 21, 2017, Windstream filed an enforcement application with the Ontario Superior Court.