OffshoreWIND.biz1 Jun 2026Market
Automatically composed with AI from the cited sources
The Hecate Strait site, approximately 30 km west of Prince Rupert, targets 1.5–2 GW and is being developed by Oceanic Wind Energy and Coast Tsimshian Enterprises, a 50/50 partnership of the Metlakatla and Lax Kw’alaams First Nations. Under the non-binding MoU, Ming Yang will evaluate equity, debt financing, and strategic support during a 90-day due diligence period. Oceanic Wind Energy also appointed Falkirk Environmental Consultants to begin the Initial Project Description, following a 2025 Investigative Use Permit for a 600–700 MW first phase.