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Finavera Receives Final Payment for Cloosh Valley Wind Project

Finavera Receives Final Payment for Cloosh Valley Wind Project Vancouver, Canada a...

articleSolar Alliance Energy Inc.January 8, 20163/company/solar-alliance-energy-inc/news/finavera-receives-final-payment-for-cloosh-valley-wind-project
Finavera Receives Final Payment for Cloosh Valley Wind Project

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[{"type":"text","content":"Finavera Receives Final Payment for Cloosh Valley Wind Project\n\t\t\tbody { font-size: 11pt;\n\t\t\t}\n\n\t\t\t.nr-sub-head ul,\n\t\t\t.nr-body ul {\n\t\t\t\tlist-style-type: disc !important;\n\t\t\t\tmargin-left: 2em !important;\n\t\t\t}\n\n\t\t\t.nr-sub-head ol,\n\t\t\t.nr-body ol {\n\t\t\t\tmargin-left: 2em !important;\n\t\t\t}\n\n\t\t\t.nr-body p, .nr-body {margin-bottom: 0px !important;\n\t\t\t\t\tmargin-top: 0px !important;\n\t\t\t\t\t-webkit-margin-before: 0px !important;\n\t\t\t\t\t-webkit-margin-after: 0px !important;\n\t\t\t\t\tfont-family: Arial !important;\n\t\t\t\t\tfont-size: 11pt !important;\n\t\t\t }\n\n\t\t\ttbody {\n\t\t\t\tborder-top: 0;\n\t\t\t}\n\n\t\t\t H1 {font-weight: bold;\n\t\t\t\tfont-size: 16pt;\n\t\t\t }\n\n\t\t\t H2 {font-weight: bold;\n\t\t\t\tfont-size: 12pt;\n\t\t\t }\n\n\t\t\t H3 {font-weight: bold;\n\t\t\t\tfont-size: 11pt;\n\t\t\t }\n\n\n\t\t\t H1.nr-head {\n\t\t\t \t\tfont-family: Trebuchet MS !important;\n\t\t\t \t\tfont-size: 16pt !important;\n\t\t\t \t\tcolor: #3D86C6 !important;\n\t\t\t \t\tfont-weight:bold !important;\n\t\t\t \t\ttext-align:center !important;\n\n\t\t\t }\n\n\t\t\t H2.nr-sub-head {font-weight: bold !important;\n\t\t\t \t\tdisplay: block !important;\n\t\t\t \t\ttext-align: start !important;\n\t\t\t \t\tfont-family: Arial !important;\n\t\t\t\t\tfont-size: 12pt !important;\n\t\t\t }\n\n\t\t\t .nr-body a { font-size: 11pt !important;\n\t\t\t }\n\n\t\t\t TABLE { width: auto!important;\n\t\t\t }\n\n\t\t Finavera Receives Final Payment for Cloosh Valley Wind Project\n Vancouver, Canada and San Diego, California (FSCwire) - Finavera Solar Energy Inc. (‘Finavera Solar Energy’, ‘Finavera’ or the ‘Company’) (TSX-V: FVR, OTC: FNVRF) is pleased to announce the Cloosh Valley Wind Project in Ireland has reached financial close thereby triggering a final €7.14 million of consideration (approximately $10.9 million CAD) as per the Co-Development Agreement with SSE plc (LSE:SSE) and Coillte, the Irish, state owned commercial forestry and renewables company, announced August 25th, 2010 and subsequently amended in July 2014. \n\n \n\n“The Cloosh Valley Wind Project was the first project our Company originated in 2005 and this payment represents the final piece of €10.5 million of total consideration for the sale of the ...

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