The internationally operating wind park developer wpd AG has succeeded in entering the growing market in Canada. The company has taken over shares in the Canadian project developer Independent Power Corp. (IPC) with the seat in Mississauga, Ontario. A sale and acquisition agreement for initially 25 % of the company shares was signed on July 5, 2007, in Mississauga. In addition, an option for the sale and acquisition of further 25 % of the shares was agreed upon. The main focus of IPC\u0092s business activities lies in the planning and realisation of wind park projects in the province of Ontario.
\n\u0093We regard Canada and especially Ontario as a true future market with high potential,\u0094 Dr. Hartmut Br\u00f6samle, member of the Board of wpd AG, emphasises. With the Standard Offer Program (SOP), the Ontario Provincial Government has implemented a highly efficient feed-in law, modelled on the German EEG. In connection with the outstanding wind ratios, this constitutes an excellent basis for the realisation of our ambitious development goals,\u0094 Dr. Br\u00f6samle says.
\nThe partnership between IPC and wpd provides for a close cooperation in the fields of project development, financing and management. \u0093Our ambition for an active transfer of know how is \u0096 among other things \u0096 emphasized by the fact, that \u0096 in person of our seasoned employee Michael Boehm \u0096 we will become part of the management besides the present managing director, John Andrews,\u0094 Dr. Br\u00f6samle explains the approach to the long-term projected, strategic partnership.
\nIPC-President John Andrews sees his company well positioned for future tasks by the cooperation. \u0093wpd AG\u0092s long standing international experience will be an essential contribution, so that IPC will become a domineering enterprise in the wind energy market in Ontario in the coming years.\u0094 <\/p>\n","protected":false},"excerpt":{"rendered":"The internationally operating wind park developer wpd AG has succeeded in entering the growing market in Canada. The company has taken over shares in the Canadian project developer Independent Power Corp. (IPC) with the seat in Mississauga, Ontario. A sale and acquisition agreement for initially 25 % of the company shares was signed on July […]","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-658","post","type-post","status-publish","format-standard","hentry","category-presse"],"acf":[],"yoast_head":"\n