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Benefits of Investing
Invest
in Ontario's Growing Demand for Electricity
Independent Electrical Production
- Utilizes proven, low risk equipment
- Shortages create a growing demand for electricity
- Power projects generate reliable long-term revenue
- Low risk investment class
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$ 1,500 in tax credits available and RRSP eligible
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Benefits
of Investing
30% Tax Credit
The Government of Canada offers a 15% tax credit on a maximum
LSIF investment of $5,000 annually. The Province of Ontario offers
an additional 15% tax credit on eligible LSIF investments, resulting
in a total tax credit available of 30%.
RRSP
Eligible
Labour Sponsored Investment Funds are eligible investments for
RRSPs and RRIFs.
Asset
Class
Unlike investment funds that require liquidation of their investment
interests by way of private sale or initial public offering, the
predictable cash flows from the Power Venture Fund’s investment
in independent power projects make its investment interests highly
marketable and ideal acquisition candidates for the many successful
income funds focused on the electric power sector. It is expected
that the Algonquin Power Income Fund would be interested in purchasing
the interests held by the Power Venture Fund in completed independent
power projects providing a timely exit strategy for the Power
Venture Fund.
Experienced
Manager
The Power Venture Fund shares common management interests with
the Algonquin Power Income Fund, an established and leading consolidator
in North America’s deregulated electric power generation market.
Common management provides access to a high volume of investment
opportunities with third party developers of independent power
projects as well as decades of internal experience in developing,
financing and operating electric power generation projects. |
30% tax credit
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