Stephenville, NL - Beothuk Energy Inc. (“Beothuk”), an international green energy
company headquartered in St. John’s, Newfoundland and Labrador (“NL”) is pleased
to announce the preferred site for its previously announced demonstration offshore
Beothuk is proposing to build and operate an offshore wind farm in St. George’s Bay,
western NL. The farm will consist of up to thirty turbines generating one hundred
and eighty megawatts of clean, green energy costing less than ten cents per kilowatt
hour to produce. The project is estimated to cost approximately $400,000,000 CDN
(four hundred million Canadian dollars) and will be funded totally through private
investment with no taxpayers money required.
The St. George’s Bay site:
has shallow water depths of less than fifty meters.
has world-class winds.
is outside of major shipping lanes.
is away from bird migration routes.
will be near a major transmission corridor (Emera’s Maritime Link).
will be close to Beothuk’s proposed Corner Brook manufacturing facilities and proposed
service port at Port Harmon, Stephenville, NL (see below).
Beothuk’s proposed development fits in nicely with the 2012 Government of NL’s resolution
to grant and provide open access to the province’s energy corridors. Such access
is designed to stimulate renewable energy developments, thus generating new industry
and capital investment in NL. Beothuk’s planned developments will create up to six
hundred direct jobs in western NL and will have a positive socioeconomic impact on
The proposed project must undergo various assessments and evaluations by government
departments and agencies before start-up operations can begin. Beothuk has requested
an investigative permit from the Government of NL for the proposed wind farm location.
Staging and Services Port
Beothuk is also pleased to announce that it is proposing to operate an offshore wind
farm service port at Port Harmon, Stephenville, NL. Port Harmon is strategically
located to service Beothuk’s proposed St. George’s Bay wind farm and is close to
Beothuk’s previously announced Corner Brook manufacturing facility. The service port
will create up to one hundred jobs.
Kirby Mercer, President and CEO of Beothuk states, “Beothuk looks forward to working
with all interest groups and regulatory agencies to develop this exciting new green
industry. Our intention is to make western NL a North American Center of Excellence
for offshore wind manufacturing, staging, and servicing. With political will and
regional cooperation, we expect to create up to six hundred direct jobs in western
NL and there will be substantial business opportunities for local companies at all
tiers of the supply chain.”
Beothuk Energy Inc. is a NL based international green energy company with a strategic
focus on offshore wind power.