P.E.I. says no to wind turbine firm
A bankrupt wind energy company's latest attempt to get funding from P.E.I. taxpayers has been turned down.
Entegrity Wind Systems applied for a loan from the PEI Business Development Corporation, but the request was rejected Friday.
Entegrity shut its doors earlier this year and has been bankrupt since September.
In August, Innovation Minister Allan Campbell said the province was interested in providing some assistance to the company.
The Department of Innovation told CBC news Monday the company made several requests for loans, but none of the terms would give the province the kind of economic return it is looking for.