Vancouver-based wind energy development company Finavera Wind Energy Inc. (TSX-V:FVR) has issued a response to a suit filed against the company for alleged debt.
E&E Consulting Inc. has filed a notice of claim seeking $835,753 in unpaid invoices against Finavera and US$3,713 allegedly owed to related company Ecology and Environment Inc.
The suit is seeking court-ordered payment of the debt plus interest at 1% per month.
“In its claim, E&E states it completed the work ‘in a good and workmanlike manner,’” Finavera CEO Jason Bak said in a statement this morning.
“Finavera is assessing this claim and [Finavera’s] legal options.”
According to Finavera, E&E was a contracted consultant to Finavera and carried out environmental assessment work on the Tumbler Ridge and Wildmare Wind Energy projects.
Finavera states that both projects were suspended during the environmental assessment review period, causing delays to the overall project schedule.
In March, the province granted Finavera’s Tumbler Ridge project an environmental assessment certificate.
