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Thursday, September 29, 2011

Trillium Power sues Ontario for $2.25 billion

A company that planned to build a series of huge wind farms in Lake Ontario is suing the provincial government for $2.25-billion, claiming it unfairly cancelled all offshore wind projects earlier this year.

Trillium Power Wind Corp. spent millions of dollars over many years planning its projects, and had dutifully followed the government’s application processes, the suit claims, but the rug was pulled from under its feet when the province said it would not consider any offshore development until more scientific studies were done.

Source: Globe and Mail, Toronto

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