Re: Northland Capital Partners Updates Analyst Coverage
posted on
Apr 04, 2012 01:00AM
"While FVR agreed to indicative terms with GE EFS for an equity investment in its 77MW Wildmare wind project, also with a 25yr PPA with BC Hydro and undergoing the EAO review process, we believe FVR’s partner on Tumbler Ridge and its other projects could be different"..............
I am very curious who might partner up on Tumbler as I had always assumed GE would be in on all 4 projects. I guess there is a good possiblity that Finavera could get a better deal than the 70/30 arrangement on the Wildmare deal with GE. I like this move as it would better serve shareholders to keep a larger share of the pie.