Oceanic Wind Announces Return of Project Development Rights

VANCOUVER, British Columbia, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Oceanic Wind Energy Inc. (TSXV-NEX:NKW.H) (“Oceanic” or “Company”) today announces that under the terms of the agreements with Northland Power, which closed on September 1, 2020, Oceanic has successfully negotiated the return of the development rights of the Hecate Strait project. Oceanic today signed agreements with two of Northland Power Inc. wholly owned subsidiaries that place Oceanic in the lead role in project development.   

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