CIG: Canada’s Ontario is a green investor’s haven!

Oct. 6, 2009 - PRLog -- CIG has recently learned that the Canadian province of Ontario is fast becoming one of the "greenest" locations in North America, and investors are beginning to take notice of its rich incentives for renewable power projects.

Following in Europe's footsteps, Ontario initiated the most inclusive and generous set of feed-in tariffs in North America. The incentives guarantee sellers of electricity produced from the solar, wind and water power and biomass fixed above-market prices for 20 years.

"Ontario is well ahead of the U.S. and even California that claims to be so green," an analyst known to CIG reportedly said during a telephone interview.

Feed-in tariffs have proven hugely successful in Germany and other European nations like Denmark and Spain, where they are credited with the much greater adoption of wind and solar power there than in the United States.

Initiating this "green drive" is Ontario's Liberal government, which pushed for and won the 2003 provincial election partly on an undertaking to shut down the province's coal-fired power plants as they created too many greenhouse gas emissions and created a health threat.

Canada's most heavily populated province and principal energy consumer has promised to abolish power from coal by 2014, the only jurisdiction in North America to make such a striving commitment CIG understands.

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CIG is an exclusive, members only, off shore, private equity investment firm that provides consulting services to like minded members of the private equity and alternative investment community.