AN INSIDER'S LOOK
Terence Bay Wind Farm
RESL and one of our shareholders, the Chebucto Wind Field Inc., have entered into an agreement to formulate a partnership and form Terence Bay Wind Field Limited (CTB) as part of a Community Feed-In Tariff for a 6MW wind project in Terence Bay. The Terence Bay site is one which RESL has maintained in it’s portfolio of development assets since 2008.
CTB is a partnership between The Chebucto Wind Field Inc., a Community Economic Development Investment Fund (CEDIF) that is based in Halifax Regional Municipality, and Renewable Energy Services Limited (RESL). Together, RESL and the Chebucto Wind Field have submitted a 6MW application and are awaiting Ministerial approval for the development. This project will have a direct economic impact for many Nova Scotians during the development phase as well as hundreds more through ownership over the 20-year life of this project.