The NaiKun Wind Energy Group and the Council of the Haida Nation have formed a partnership in support of the development of an offshore wind energy project. The NaiKun project is located in the traditional territory of the Haida Nation, in British Columbia’s Hecate Strait, between Haida Gwaii and the mainland.
According to the company, the partnership will be a commercial limited partnership which will operate and maintain the NaiKun wind energy project after construction.
The comprehensive limited partnership agreement provides for benefits to the Haida Nation from the NaiKun project, including revenue sharing, environmental stewardship, and employment and economic development opportunities for the Haida.
The company said that, the agreement formalizes the relationship between the Haida Nation and NaiKun which has been ongoing since 2002, and builds on the memorandum of understanding signed by the two parties in May 2007.
Michael Burns, chairman of the NaiKun Wind Energy Group, said: The establishment of the limited partnership marks a step for NaiKun’s business relationship with the Haida.
NaiKun Wind Energy Group is a British Columbia-based renewable energy company that is traded on the TSX Venture Exchange.
