Glooscap WindField

- Glooscap Windfield is an exciting opportunity for investments in community owned environmentally friendly power production

- Your investment could also qualify you for up to a 60% Provincial tax credit and is RRSP eligible*

- Benefits to investing in Glooscap:

   - Reduce your environmental footprint
   - Help fight climate change
   - Invest in NS's economic and environmental sustainability
   - Profit share with other local investors
   - Provide income for local landowners/farmers* Investments in a Community Development Investment Fund Program (CEDIF) are eligible as a RRSP contribution and for 35% non-refundable Nova Scotia Equity Tax Credit against Nova Scotia taxes payable if held for 5 years. Shareholders may qualify for subsequent tax credits in the 6th (20%) and 11th (10%) year after making the initial investment if the CEDIF meets the additional requirements under the NS Equity Tax Credit legislation to qualify the CEDIF's shareholders for these tax credits. Glooscap Wind Field, Inc is a community-based company, overseen by a volunteer board of directors focused on wind and renewable energy development on Nova Scotia and in Kings and Hants Counties .The company was formed in 2005 through the unique, Nova Scotia CEDIF, and has raised more than $325,000 from 66 investors since its inception. We have made "green" investments in CCWF, Goldcoast WindField, Scotian Windfields, and Fourth Generation Capital Corporation. 
    
In addition to researching and pursuing wind development opportunities in the region since 2005, Glooscap Wind Field Inc has sponsored a series of meetings with citizens and officials in communities in our area. We have discussed in brief the benefits of community ownership of the natural resources and of the various partnerships with municipal units that could be effective in the responsible development of wind energy in Nova Scotia .  The board of directors includes:

Tamara Stevens ( Hantsport ) President
Johnathon Benedict ( Windsor ) Vice-President
Scott Lister ( Halifax ) Secretary
Brian Watling ( Windsor)
Rob Woods ( East Hants ) Treasurer
Siu Lung Che (Windsor)
Jean Heisler (Kentville)

The Scotian WindFields are a network of eight community investment fund corporations throughout Nova Scotia working towards the shared vision of generating environmentally friendly, renewable energy in their communities.

Under the Nova Scotia's CEDIF initiative of the NS Department of Economic Development, individual community funds are authorized to raise up to 3 million per offering to dedicate to the development of wind energy in their communities.

Investments in Nova Scotian CEDIFs continue to grow with over $20 million of investments made by Nova Scotians today in such enterprises as a farm products storage facility, an arts centre, seniors housing and of course wind energy.

The network of active community corporations has grown over since 2002 to include The Bay (Digby, Yarmouth and Annapolis), The Glooscap (Kings, Hants East & West), Northumberland (Pictou and Antigonish), Colchester-Cumberland (Colchester and Cumberland), Sou'Wester Queens, Shelburne, Lunenburg) and Chebucto (Halifax Regional Municipality). The Gold Coast (Guysborough) and Isle (CapeBreton) are currently seeking directors to round out their complement of local directors as per CEDIF regulations.

In keeping with their mandate to operate or invest in businesses in the renewable energy sector in Nova Scotia, four community funds have made investments in Renewable Energy Services Ltd. (RESL), the Nova Scotia company completing the erection of nine turbines this year in locations such as Goodwood, Point Tupper, Brookfield, Fitzpatrick Mountain and Digby. Several CEDIFs have also invested in Windsor, Nova Scotia-based Fourth Generation Capital Corporation who is actively involved in green house gas emission trading and the development of renewable energies internationally. The Scotian WindFields CEDIFs are currently assessing locations throughout the province to suitable for the development of wind power and are raising capital in 2007 to further this objective.

An investment through the Scotian WindFields network of community funds is an investment in your community, in your economy and in your environment.For More information please contact us at:

Toll Free: 877 798 5085
Fax: (902) 798-5934

jb@scotianwindfields.org

Glooscap Wind Field
49 Water St,
Windsor, NS
Canada
B0N 2T0