CAD100 million as compensation for White Pines

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Wpd seeks to receive up to CAD 100 million (USD 75.4m) as compensation for the  cancellation of the almost completed 18.45 MW White Pines wind project located in Ontario, Canada. 

Ontario minister of government and house leader Todd Smith stated that the administration would submit "urgent legislation" to cancel the project because it had "received notice to proceed during the election period before the government had a chance to make any decision on the project for the benefit of the people of Prince Edward County". 

The company has already spent over 95% investment for the manufacturing of equipment, construction of infrastructures, and for planning, structuring, financing and others. Another costs will come after the demolition.

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