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BowArk Energy is a wind energy developer focused on cultivating a select number of high quality projects. Our success is based on working closely with communities to maximize stakeholder benefits, building strategic partnerships to provide financing and engineering expertise and focusing on optimal locations to ensure success.
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The BowArk team has been involved in the development, acquisition and financing of over 1,500 MW of independent power projects located across North America, representing an investment of over $2.0 billion. Most recently, BowArk, in cooperation with Algonquin Power Income Fund (APF.UN), successfully developed and financed ($212 million) the St. Leon Wind Energy Project in Manitoba. The 99MW wind energy park was completed in March 2006.
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A team is more than the sum of its parts. At BowArk, we believe in the power of strategic alliances. The financing and engineering expertise that these relationships bring is invaluable when developing multi-million dollar projects.
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BowArk worked with Algonquin Power Income Fund on Manitoba’s first wind energy project in St Leon. The fund is based in Oakville Ontario and manages a diverse portfolio of power generating and infrastructure assets across North America, including 48 hydroelectric facilities, five natural gas-fired cogeneration facilities, 17 alternative fuels facilities and 15 water distribution and waste-water facilities. BowArk and Algonquin recently formed a joint venture to develop and operate wind energy projects in Ontario.
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A location’s wind resource can make or break a project. Understanding the critical nature of a project’s wind resource and environmental sensitivities, BowArk uses the services of. Helimax Energy Inc., a leader in the field of wind energy consulting. Helimax specializes in the use of meteorology and engineering for utility scale wind energy project development. They have over 130 clients in 20 countries, and are actively involved in the development of wind energy projects representing over 15,000 MW.
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10,000 MW of installed wind energy capacity in Canada by 2010. This is the goal of the Canadian Wind Energy Association, an industry association focused on policy development, research and education. BowArk recognizes the value of their industry advocacy and outreach programs and is an active member.
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