BRIEF-Northland Power reaches settlement with contractor H.B. White

Thu Jul 7, 2016 10:35am EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

July 7 (Reuters) - Northland Power Inc :

* Northland reaches settlement with contractor H.B. White

* Says all of HBWC's liens and filed claims relating to Northland's projects will be released

* Says settlement concerning five ground-mounted solar projects located in and around Cochrane and Burks Falls West

* H.B. White says has filed court application for Creditor Protection Under Companies' Creditors Arrangement Act in Ontario

* Says all ongoing arbitration between HBWC and Northland has been suspended pending outcome of CCAA proceeding

* Says entered into agreements with H.B. White Canada Corp. and certain HBWC affiliates Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)