Eagle Plains Announces Renewable Energy Subsidiary
Eagle Plains Resources (TSX-V:EPL) has announced the formation of a new subsidiary, Osprey Power Inc. (OP), focused on advancing clean energy projects in Canada. This strategic move aims to give shareholders direct exposure to opportunities in the Canadian green energy transition. Osprey Power will be led by Jared Sproule, who brings over 17 years of experience in renewable energy project development.
Key strengths of Osprey Power include an experienced management team, flexibility to pursue opportunities quickly, innovative approaches to increase project value, and a community-focused strategy. The company will initially focus on Western Canada, targeting wind, solar, battery energy storage systems (BESS), and small hydro projects.
Eagle Plains will continue its core business of mineral exploration while leveraging synergies between mineral exploration and renewable energy projects. The company sees this expansion as an opportunity to become a premier supplier of green energy projects in response to the growing demand for renewable energy options in Canada.
Eagle Plains Resources (TSX-V:EPL) ha annunciato la formazione di una nuova sussidiaria, Osprey Power Inc. (OP), concentrata su progetti di energia pulita in Canada. Questa mossa strategica mira a fornire agli azionisti un'esposizione diretta alle opportunità della transizione energetica verde canadese. Osprey Power sarà guidata da Jared Sproule, che porta con sé oltre 17 anni di esperienza nello sviluppo di progetti di energia rinnovabile.
I punti di forza di Osprey Power includono un team di gestione esperto, flessibilità nella ricerca di opportunità rapidamente, approcci innovativi per aumentare il valore dei progetti e una strategia incentrata sulla comunità. L'azienda si concentrerà inizialmente sul Canada occidentale, puntando su progetti eolici, solari, sistemi di accumulo di energia a batteria (BESS) e piccoli progetti idroelettrici.
Eagle Plains continuerà la propria attività principale di esplorazione mineraria, sfruttando al contempo le sinergie tra l'esplorazione mineraria e i progetti di energia rinnovabile. L'azienda vede questa espansione come un'opportunità per diventare un fornitore di progetti di energia verde di prim'ordine in risposta alla crescente domanda di opzioni di energia rinnovabile in Canada.
Eagle Plains Resources (TSX-V:EPL) ha anunciado la formación de una nueva subsidiaria, Osprey Power Inc. (OP), centrada en promover proyectos de energía limpia en Canadá. Este movimiento estratégico tiene como objetivo ofrecer a los accionistas una exposición directa a las oportunidades en la transición energética verde canadiense. Osprey Power será dirigida por Jared Sproule, quien aporta más de 17 años de experiencia en el desarrollo de proyectos de energía renovable.
Las principales fortalezas de Osprey Power incluyen un equipo de gestión con experiencia, flexibilidad para buscar oportunidades rápidamente, enfoques innovadores para aumentar el valor de los proyectos y una estrategia enfocada en la comunidad. La empresa se concentrará inicialmente en el oeste de Canadá, dirigiéndose a proyectos eólicos, solares, sistemas de almacenamiento de energía en baterías (BESS) y pequeños proyectos hidroeléctricos.
Eagle Plains continuará su negocio principal de exploración mineral, aprovechando las sinergias entre la exploración mineral y los proyectos de energía renovable. La empresa ve esta expansión como una oportunidad para convertirse en un proveedor destacado de proyectos de energía verde en respuesta a la creciente demanda de opciones de energía renovable en Canadá.
이글 평원 자원(Eagle Plains Resources, TSX-V:EPL)은 캐나다에서 청정 에너지 프로젝트를 발전시키는 데 초점을 맞춘 새로운 자회사, 오스프레이라고(Inc. Osprey Power, OP)를 설립했다고 발표했습니다. 이 전략적 움직임은 주주들에게 캐나다의 녹색 에너지 전환에 대한 직접적인 기회를 제공합니다. 오스프레이는 자레드 스프롤(Jared Sproule)이 이끌 예정이며, 그는 재생 가능 에너지 프로젝트 개발 분야에서 17년 이상의 경험을 가지고 있습니다.
오스프레의 주요 강점으로는 경험이 풍부한 경영진, 신속하게 기회를 추구할 수 있는 유연성, 프로젝트 가치를 증가시키기 위한 혁신적 접근 방식 및 지역 사회에 집중한 전략입니다. 이 회사는 초기적으로 캐나다 서부에 집중하여 풍력, 태양광, 배터리 에너지 저장 시스템(BESS), 소형 수력 프로젝트를 목표로 할 것입니다.
이글 평원은 광물 탐사를 주요 사업으로 지속하는 한편, 광물 탐사와 재생 가능 에너지 프로젝트 간의 시너지를 활용할 것입니다. 이 회사는 이 확장을 캐나다에서 재생 가능 에너지 옵션에 대한 증가하는 수요에 대응하여 주요 녹색 에너지 프로젝트 공급업체가 될 수 있는 기회로 보고 있습니다.
Eagle Plains Resources (TSX-V:EPL) a annoncé la création d'une nouvelle filiale, Osprey Power Inc. (OP), axée sur le développement de projets d'énergie propre au Canada. Cette décision stratégique vise à offrir aux actionnaires un accès direct aux opportunités de la transition énergétique verte au Canada. Osprey Power sera dirigée par Jared Sproule, qui possède plus de 17 ans d'expérience dans le développement de projets d'énergie renouvelable.
Les principales forces d'Osprey Power incluent une équipe de gestion expérimentée, la flexibilité de rechercher rapidement des opportunités, des approches innovantes pour accroître la valeur des projets et une stratégie axée sur la communauté. L'entreprise se concentrera initialement sur l'ouest canadien, visant des projets éoliens, solaires, des systèmes de stockage d'énergie par batteries (BESS) et des petits projets hydroélectriques.
Eagle Plains continuera son activité principale d'exploration minière tout en tirant parti des synergies entre l'exploration minière et les projets d'énergie renouvelable. L'entreprise considère cette expansion comme une opportunité de devenir un fournisseur de premier plan de projets d'énergie verte en réponse à la demande croissante d'options d'énergie renouvelable au Canada.
Eagle Plains Resources (TSX-V:EPL) hat die Gründung einer neuen Tochtergesellschaft, Osprey Power Inc. (OP), bekannt gegeben, die sich auf die Förderung von Projekten für saubere Energie in Kanada konzentriert. Dieser strategische Schritt zielt darauf ab, den Aktionären einen direkten Zugang zu den Möglichkeiten der kanadischen Energiewende zu bieten. Osprey Power wird von Jared Sproule geleitet, der über 17 Jahre Erfahrung in der Entwicklung erneuerbarer Energieprojekte verfügt.
Die Schlüsselstärken von Osprey Power umfassen ein erfahrenes Managementteam, die Flexibilität, schnell Chancen zu verfolgen, innovative Ansätze zur Steigerung des Projektwerts und eine gemeindeorientierte Strategie. Das Unternehmen wird sich zunächst auf Westkanada konzentrieren und Wind-, Solar-, Batteriespeichersysteme (BESS) und kleine Wasserkraftprojekte anvisieren.
Eagle Plains wird weiterhin sein Kerngeschäft der Mineralexploration fortführen und gleichzeitig Synergien zwischen Mineralexploration und erneuerbaren Energieprojekten nutzen. Das Unternehmen sieht diese Expansion als Chance, ein führender Anbieter von Projekten für grüne Energie zu werden, um der wachsenden Nachfrage nach erneuerbaren Energieoptionen in Kanada gerecht zu werden.
- Diversification into the growing renewable energy sector
- Experienced leadership with Jared Sproule bringing 17 years of industry experience
- Potential synergies between mineral exploration and renewable energy projects
- Focus on multiple clean energy technologies (wind, solar, BESS, small hydro)
- None.
CRANBROOK, BC / ACCESSWIRE / October 2, 2024 / The Board of Directors of Eagle Plains Resources Ltd. (TSX-V:EPL) (the "Company" or "Eagle Plains") is pleased to announce the formation of a separate division within the Company that will give Eagle Plains' shareholders direct exposure to strategic opportunities in Canadian green energy transition. As a wholly-owned subsidiary of Eagle Plains, Osprey Power Inc. ("OP") will focus on identifying and advancing innovative and diverse clean energy project portfolios in target markets throughout Canada, with an initial focus on Western Canada.
The key strengths of Osprey Power include:
Experienced Management Team: Extensive experience in Wind, Solar, Battery Energy Storage Systems (BESS) and Small Hydro development.
Nimble: Flexibility and support to identify and pursue opportunities quickly.
Innovative: Driven to find new ways to increase project value and advance project portfolios.
Community Focused: Pro-active and transparent communications with neighbours, communities and stakeholders we work with.
The Osprey Power team will be led by Jared Sproule, B.Sc., who has over 17 years experience in project development, market analysis, business development, community engagement, and permitting of wind, solar, hydro, energy storage and transmission projects in various markets throughout North America.
His passion for energy development, with a focus on site prospecting and connecting with landowners and community stakeholders and Indigenous communities, has contributed to over 1 GW of successfully permitted and/or operational renewable energy projects and over 3 GW of additional projects under various stages of development. Jared has previously held positions at with TransAlta Corporation as a Renewable Developer, as a Right of Way Planner with AltaLink Management Ltd., Lead of Business Development & Community Relations at BluEarth Renewables and most recently VP, Project Origination with BW Solar. Jared has a B.Sc in Geography from the University of Calgary.
Eagle Plains will continue to focus on its core business model of acquiring and advancing grassroots critical- and precious-metal exploration properties. EPL management has recognized synergies between mineral exploration and renewable energy projects in terms of site identification and assessment, stakeholder engagement, and identifying potential partners. Work is underway to launch an independent website containing additional information about Osprey Power.
Chuck Downie, President and CEO of Eagle Plains stated recently: "as the need for renewable energy options to supply power to the Canadian electrical grid continues to grow, Eagle Plains management is excited to establish what we feel will be a premier supplier of green energy projects.
Eagle Plains will continue to focus on our successful core business of mineral exploration project generation, which has created the opportunity to provide start-up financial support to Osprey Power, and to support OP to independently develop, market and finance sustainable energy projects. Osprey Power aligns with the Eagle Plains Resources model as it identifies early-stage opportunities and works with Developers, Independent Power Producers and Communities to advance successful clean power projects."
About Osprey Power
Based in Cranbrook, B.C., Osprey Power is a creative clean power project generator that will develop generation opportunities across Canada, with an initial focus on Solar and Wind Power projects located in key Western Canadian markets with a growing demand for clean energy.
Osprey Powers' core business is identifying and acquiring the rights to develop clean energy projects. The Company understands development risk and takes a prudent risk-weighted approach to early-stage project development and will advance its diverse portfolio of projects through collaborative partnerships and development arrangements with Independent Power Producers.
Osprey Power's Development Approach
Initiation
Responsible development starts at project conception. From robust policy engagement, to establishing foundational partnerships with like-minded local organizations, to landowner outreach, community input will be key to Osprey Power's projects. Osprey Power will engage with Communities and Landowners early to discuss project plans.
Implementation
Osprey Power will develop projects that fit and align with their host communities. Our team will be on the ground with local officials and utilities, and our extensive due diligence ensures a higher likelihood of project success.
Impact
Enhancing local economies is at the core of our work at Osprey Power. We strive to maximize the local economic impact that each of our projects can contribute to the communities we work in.
Commitment
Osprey Power will engage with project stakeholders to ensure optimal project development takes place and that all of our commitments are fulfilled.
About Eagle Plains Resources
Based in Cranbrook, B.C., Eagle Plains is a well-funded, prolific project generator that continues to conduct research, acquire and explore mineral projects throughout western Canada, with a focus on critical metals integral to an increasingly electrified, decarbonized economy.
The Company was formed in 1992 and is the ninth-oldest listed issuer on the TSX-V (and one of only three that has not seen a roll-back or restructuring of its shares). Eagle Plains has continued to deliver shareholder value over the years and through numerous spin outs has transferred over
Eagle Plains' core business is acquiring grassroots critical- and precious-metal exploration properties. The Company is committed to steadily enhancing shareholder value by advancing our diverse portfolio of projects toward discovery through collaborative partnerships and development of a highly experienced technical team.
Expenditures from 2010-2023 on Eagle Plains-related projects exceed
Throughout the exploration process, our mission is to help maintain prosperous communities by exploring for and discovering resource opportunities while building lasting relationships through honest and respectful business practices.
On behalf of the Board of Directors of Eagle Plains
"C.C. (Chuck) Downie, P.Geo"
President and CEO
For further information on EPL, please contact Mike Labach at 1 866 HUNT ORE (486 8673)
Email: mgl@eagleplains.com or visit our website at https://www.eagleplains.com
Cautionary Note Regarding Forward-Looking Statements
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
SOURCE: Eagle Plains Resources Ltd.
View the original press release on accesswire.com
FAQ
What is Eagle Plains Resources' new subsidiary called and what will it focus on?
Who will lead Osprey Power and what experience do they bring?
How does the creation of Osprey Power affect Eagle Plains Resources' (TSX-V:EPL) core business?
What types of renewable energy projects will Osprey Power focus on?
