John Deere remains silent on Canada plans

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Iowa-based John Deere Wind Energy is expanding its business north to give its "Canadian customers and their communities the opportunity to participate in renewable energy development." The company says it will offer expertise in project finance, construction project management, wind turbine procurement, and wind energy technology and operations. "We have invested in and developed wind projects throughout the United States over the last few years with great success. We look forward to using John Deere's resources, financial strength and expertise to create a successful wind energy program in Canada as well," says vice president David Drescher. The company started in the wind business in the US four years ago with a plan to help farmers install wind turbines on their property, but has since moved into developing larger scale projects. James Meenagh of John Deere Credit, which provides debt and equity to wind projects, says the company is not ready to talk about its plans for Canada. "As you can imagine, while we're very excited about the opportunities in Canada and actively engaged, we're at the early stages of the process." John Deere has hired Doug Duimering, who was director of sales for Vestas Canada, as its manager of business development for Canada. He will establish "tactical and long range plans" for the development of the Canadian market.

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