Wind farm files $475 million NAFTA claim over Ontario offshore moratorium

Published on Friday November 23, 2012 John Spears Business Reporter 

A wind energy company says it wants $475 million in damages because Ontario’s moratorium on offshore wind farms has thwarted its project.

Windstream Energy LLC quietly filed a notice last month of its intent to file a claim under the North American Free Trade Agreement (NAFTA) for lost profit.

Windstream wants to develop a 300-megawatt wind project in eastern Lake Ontario, off Wolfe Island. The company says it’s owned by a New York-based investment group. Its Ontario unit, Windstream Energy Inc., is based in Burlington.

Windmill orders power Seaforth Energy

The winds of change are blowing in a positive direction for Seaforth Energy Inc.
About two-thirds of the windmills the company’s building are destined for Nova Scotia. The remainder are going to Scotland and Italy.
“We’ve got more orders in-house than I think the company’s ever had,” Seaforth president and CEO Mike Morris said Tuesday.