The Northumberland Wind Field Inc.
The Northumberland Wind Field Inc. (NWF) was incorporated as a CEDIF in 2004. A CEDIF, or Community Economic Development Investment Fund, is a Nova Scotia government program created in 1999-2000 to encourage Nova Scotians to investment in local businesses by offering significant non-refundable provincial tax credits to them. NWF has provided the opportunity to Nova Scotians to investment in its renewable wind energy CEDIF through five successful and diverse share offerings, its most recent closing was in May 31, 2016.
NWF is NOW OPEN for INVESTMENT UNTIL May 31, 2017
The Northumberland Wind Field Inc. was the original sponsor for two projects under the 2010 Nova Scotia Community Feed In Tariff (ComFIT) initiative of the Renewable Electricity Plan. ComFIT is a Nova Scotia Department of Energy initiative which established an enhanced, fixed price over a 20 year period for electricity supplied by smaller, community-owned wind energy projects. Northumberland has obtained COMFIT approvals for the 1.750MW Avondale Community Wind Park, and for its 150kW Fitzpatrick Mtn Farm Project.The construction of the Avondale Community Wind Park is complete but for the installation of one 50kW machine, and the Fitzpatrick Mtn Farm Project will be built in 2017.
Northumberland Wind Field Inc also has investments in other Nova Scotia renewable energy companies including Colchester Cumberland Wend Field Inc, Scotian Wind Field (SWFI), Scotian Wind Inc., Fundy Tidal Inc, and Renewable Energy Services Limited (RESL).
If investing in through a RRSP, your personal tax situation may have other risk(s). You should consult with a tax professional or your financial adviser before investing in this offering.
THIS CEDIF OFFERING MAY BE A HIGH RISK INVESTMENT. THIS OFFERING IS MADE THROUGH AN OFFERING DOCUMENT, WHICH CAN BE OBTAINED FROM AN AUTHORIZED SALES AGENT (Sharon Henderson, PO Box 987, Scotsburn, Nova Scotia, Phone (902) 485-9173 or Larry Mannicom, 29 Oakwood Drive, Truro Heights, Nova Scotia, Phone (902) 895-3202). THIS OFFERING CONSTITUTES AN EXEMPT OFFERING OF THESE SECURITIES ONLY IN NOVA SCOTIA BY AUTHORIZED SALES AGENTS. INVESTORS SHOULD READ THE OFFERING DOCUMENT BEFORE MAKING AN INVESTMENT DECISION.
A Tribute to Harley Kellock
Read more about Harley's vision for Northumberland Wind Field.