Audited Financial Statements

The AOO Energy (Denbigh) Corp. and AOO Energy (Solartrail) Corp. were established to allow the AOO to enter into partnership agreements with project proponents to submit applications under the Province of Ontario’s Large Renewable Energy Procurement (LRP) program for the development of a 170 MW wind farm near Denbigh, Ontario and for the development of a 14.5 MW Solar Farm on the former Trail Road Landfill Site in the City of Ottawa. Although the applications were not successful through the Ontario Ministry of Energy approval process, these two corporations will be retained so that the appropriate structures are in place should another phase of the LRP program be initiated.