Benefits of the Project

As a made-in-B.C. sustainable energy resource for B.C.’s North Coast, the Project will:

Provide long-term, sustainable jobs, training, and economic benefits

The Project will provide for opportunities along B.C.’s north coast through construction and ongoing maintenance and monitoring employment opportunities, complemented by training and other ancillary benefits resulting from the project.

Provide a scalable, cost-effective, renewable resource that could be expanded as demand grows

Wind energy is one of the cleanest, most abundant and cost-effective resources we can use to generate power. It is also one of the fastest growing sources for electricity in the world and offshore wind projects such as this project are successfully operating in Europe, Asia and New England today. And offshore wind is one of the fastest growing renewable energy markets in the world, with great long-term potential to overtake other carbon-based sources of electricity. The Project can support B.C.’s commitment to develop clean, renewable, made-in-B.C. electricity and can make a significant contribution to meeting B.C.’s growing energy needs in the North West.

Reduce greenhouse gas emissions (GHG) and contribute to cleaner industrial development

Historically many industries have depended on carbon based fuels for their electricity. The Project will contribute to meaningful and sustainable ways to mitigate impacts of industry in northern B.C.

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Oceanic Wind Energy Inc. (“Oceanic”) have taken reasonable care in preparing and publishing on a regular basis information on this website. The information is not a substitute for detailed investigation or analysis on any particular issue and may not always be current. The materials on Oceanic’s Internet site are provided “as is.” Oceanic does not warrant or make any representations concerning the accuracy, likely results, or reliability of the use of the materials on its Internet site or otherwise relating to such materials or on any sites linked to these sites.

This website may contain forward-looking statements about Oceanic and its future plans within the meaning of applicable securities laws. Forward-looking information may relate to the Corporation’s future outlook and anticipated events or results. In some cases, forward-looking information can be identified by terms such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “believe”, “intend”, “estimate”, “predict”, “potential”, “continue” or other similar expressions concerning matters that are not historical facts. These statements are based on certain factors and assumptions regarding expected growth, results of operations, performance and business prospects and opportunities. While the Corporation considers these assumptions to be reasonable as of the current date based on information currently available to it, they may prove to be incorrect. Forward looking-information is also subject to certain factors, including risks and uncertainties, that could cause actual results to differ materially from what the Corporation currently expects and there can be no assurance that such statements will prove to be accurate. Readers are cautioned not to place undue reliance on forward-looking information. By its nature, forward-looking information involves numerous assumptions, risks and uncertainties and other factors that contribute to the possibility that the predicted outcome will not occur. Readers should not rely upon forward-looking information as of any other date. The Corporation is not under any obligation and does not undertake to update this information at any particular time and assumes no obligation to update or revise forward-looking statements should circumstances or management’s estimates or opinions change.