Tag Archives: fisherman Mark Taylor
“That turbine was put down there in bad faith.” – Cape Sharp Tidal owner files for bankruptcy in Ireland
A week after a massive tidal turbine was placed in the Minas Passage, its owners have filed for bankruptcy. Local contractors, marine service companies, motels, fishermen and other business people are owed an undetermined amount of money. OpenHydro owns 97 per cent of Cape Sharp Tidal, with the remaining three percent owned by Emera, Nova Scotia Power’s parent company.,, Fishermen claim they were told the turbine would not be installed at the Force site in the Minas Passage until the close of the lobster season at the end of July. “They used all these local resources, hired all these local business people, drove right over all that local lobster gear and they never intended to pay nobody,” said Darren Porter, spokesman for the Fundy United Federation, a fishermen’s organization. One contractor, who didn’t want his named used, estimated that OneHydro owes “tens of millions of dollars” to local companies. >click to read<22:11
