EDC provides CAD 7 million in financing for Endurance Wind Power foreign investment
(OTTAWA) – January 23, 2013 – Export Development Canada (EDC) today announced that it has provided Endurance Wind Power (Endurance), a Vancouver-based manufacturer of wind turbines designed for power grid application, with CAD 7 million in financing for the completion of new projects in the United Kingdom.
Endurance will use the financing to fund the next phase of its European wind turbine fleet, including the cost of installation and the cost of the turbines.
“Innovative SME’s like Endurance are the backbone of Canada’s export sector, and Endurance’s creation of a new U.K.-based affiliate is exactly the kind of investment that EDC loves to see,” said Benoit Daignault, Senior Vice-President and Global Head of Financing and Investments, EDC.
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Endurance Wind Power is a manufacturer of advanced wind turbines designed specifically for distributed wind power applications.
Our line of modern, induction-based wind turbines, bring efficient, reliable, safe and quiet, renewable energy within reach of homeowners , businesses and institutions across North America, the United Kingdom, Italy, and an expanding global market.
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Our North American wide dealer network has been serving their communities for decades and are working in close partnership with Endurance to support our customers from sales consultation, site assessment, permitting and incentives through installation and ongoing support.
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