The Chebucto Wind Field Inc., (CWF) was incorporated in 2001 as a CEDIF to invest in wind and renewable energy projects in Nova Scotia. A CEDIF, or Community Economic Development Investment Fund, is a Nova Scotia government program that encourages investment in local businesses by offering investors significant tax credits. We have had eight successful and diverse share offerings with over 200 people investing. The most recent closing was February 28 2018 and investment is now closed. For further CEDIF information, please contact the NS Department of Finance.
CWF is community owned and operated in the Halifax Regional Municipality. It is managed by a Board of Directors which is elected by its shareholders at Annual General Meetings. All operations are managed through the Board of Directors, with shareholders being asked to vote on investment and money decisions. The current board of directors is comprised of a group of professionals with experience in business, finance/accounting, economics, electrical engineering, consulting, biology, arts, and government.
CWF was the original sponsor for two projects under the community-based feed in tariff (ComFIT) initiative of the NS Renewable Electricity Plan. ComFIT is a Nova Scotia department of Energy initiative which established an enhanced, fixed price for electricity supplied by smaller, community wind energy projects. Through the initiative, CWF obtained approval to develop two ComFIT eligible projects, Chebucto Terence Bay Wind Field Limited and Chebucto Pockwock Lake Wind Field Limited Both projects are now fully commissioned. Recently, the NS government closed the initiative and ceased to approve additional ComFIT projects.
CWF is also a significant shareholder in Scotian Wind Field Inc. (SWFI), Scotian Wind Inc. (SWI) and Renewable Energy Services Limited (RESL). All of these projects are now operational and exceeding expectations.
For additional information, contact:
Shelley Wilcox, Managing Director
(902) 209-5911 (cell).