Naveco Power develops green energy projects that benefit the environment, and the communities within New Brunswick. Our core values lie in job creation, supporting community initiatives, and engaging the population on the financial benefits of reducing fossil fuel dependence.
Naveco Power is currently working towards becoming one of New Brunswick’s first Community Economic Development Corporations (CEDC). CEDC’s are businesses operated for profit, to benefit society, and provide returns for investors. It is a fund in which residents of New Brunswick can invest to achieve tangible societal and environmental impact within their communities.
The long term objective is to demonstrate its financial management capabilities by completing small projects in order to build credibility prior to completing larger raises for investment in large scale renewable energy projects.
- Commercial and residential building retrofits to increase energy efficiency and promote the use of renewable energy.
- Naveco is focused on developing and investing in large scale renewable energy projects (20 MW+), helping reduce the provinces reliance on fossil fuels for electricity generation.