Borealis Hiring Controller for Internship Position

Borealis GeoPower is looking to hire a Controller for an internship position in the Canadian geothermal energy industry.

Title: Controller

Location: Borealis Geopower Inc. – Calgary, AB

Borealis Geopower Inc., focused on developing high temperature geothermal projects throughout western Canada, is seeking an experienced, Calgary based professional accountant with a strong understanding of the Canadian energy (conventional or renewable) or mining industry. Geothermal energy project financing and accounting/reporting follow similar practices to other sub-surface and renewable natural resources. Because of this, the role is ideal for a candidate with accounting experience in the oil and gas or mining sector who is looking to transition to the clean-tech sector.

Job Description:

Responsibilities

  • Preparing internal financial statements.
  • Provide tax support and planning on the structure and use of tax credits in order to create the most efficient tax structure for the company.
  • Assist in the creation of business plans and financial projections through tax planning and structuring.
  • Assist with equity & debt financing.
  • Maintain capital asset continuity schedule and calculate annual depreciation expense based on CRA’s new geothermal regulations.
  • Full cycle accounts payable including validating supplier invoices, getting appropriate approvals for invoices, posting accounts payable invoices, supplier payments and ongoing maintenance of accounts payable files.
  • Tax filings.
  • Booking reserves/resources.
  • Meet all internal and external reporting deadlines.
  • Ensures accounting transactions such as deposits, vendor payments and employee expenses are recorded accurately and timely.
  • Payroll

The desired individual will possess the following skills and abilities:

  • Designated CPA
  • Experience in Canadian tax required
  • Minimum of 3 years accounting experience in the energy sector.
  • Preference given to candidates with understanding of and experience in CRCE reporting.
  • Preference given to individuals who have an understanding of, and experience in working with tax codes 43.1 & 43.2.
  • Very strong attention to detail
  • Experience working in an entrepreneurial team environment

What Borealis GeoPower Inc. Offers:

  • The chance to become an expert on the accounting practices in one of the youngest and fastest growing industries in Canada – renewable energy.

The hours are flexible with a minimum of 30 hours per week.

Term 9 months.

Starts: Immediately

Ends: March 31, 2018

To be ELIGIBLE for this opportunity, the candidate must meet the following requirements:

  • A post-secondary graduate
  • 30 years of age or younger
  • A Canadian citizen, permanent resident of Canada, or granted refugee status in Canada
  • Legally entitled to work according to the relevant provincial legislation and regulations

Candidates are asked to send their LinkedIn profiles and a cover letter to info@borealisgeopower.com. A resume is not required.

Event Over | SparX Energy Innovation Theatre and Pitch Competition: June 13th – 15th, 2017

SparX 2017 is hosting their Energy Innovation Theatre and B2B Pitch Competition in partner with the Global Petroleum Show to showcase energy technology innovation. Borealis GeoPower will be attending as one of the 16 finalists in the competition. Alison Thompson will be pitching at 12:10PM and Craig Dunn will be presenting geothermal energy at 1:30PM in the Clean Technology Zone of the BMO Centre in Stampede Park, Calgary, AB. Take the opportunity to listen to both Alison and Craig talk about geothermal energy and why its the next generation of energy and clean technology.

Click here to find out more about the event.

Event Over | Panel – Connections to the Environment: June 15th, 2017

The 2017 Global Petroleum Show is hosting a panel called “Connections to the Environment” which will be held on June 15th, 2017 at the Hyatt Regency in Calgary from 10:15am – 11:15am. Craig Dunn, founding partner at Borealis Geopower Inc. will be a panelist this year. Craig will be highlighting Borealis, geothermal energy, and our involvement with First Nations. Borealis believes that geothermal can be part of the clean energy revolution, because it is renewable, clean, and base load power. Come by and listen to Craig and the other panelist talk about our connection to the environment, and more importantly leaving a cleaner earth for future generations.

Click here to read more about the event.

 

Grown Here Farms Gives Shout Out To Borealis GeoPower in Modern Agriculture Magazine

In the article “Grown Here: It’s All in the Name” written by Cate Pedersen. The article features Krystine McInnes, CEO of Grown Here Farms. Grown Here is a producer of wholesome organic food and their mission is “To inspire you to reconnect with your food, your community, and to honour our planet.” They do not use pesticides or chemicals in their produce and are working towards a net-zero carbon footprint. As one of Borealis’ prospective customers, McInnes describes, “We have also collaborated with Borealis GeoPower for geothermal technologies so we can integrate to create fossil-free food growing models.” Borealis is proud to support businesses attain their zero carbon goals and make geothermal energy the cornerstone of a new energy system.

Click here to read the full article.

Three Ranges Brewing Company Reveals Latest Label Art

“Acheron’s Breath” is a part of Three Ranges Brewing Company’s fantastic beer collection. The inspiration behind the label artwork was the amazing potential the Robson Valley has for geothermal energy! Three Ranges Brewing Company is a prospective heat and power customer of our “Sustainaville GeoPark.” If you are interested in participating in the Sustainaville project, feel free to contact us for more information.

Click here to check it out on their Instagram.

Upcoming vALEmount Craft Beer Event: June 17th, 2017

Borealis GeoPower is proud to be sponsoring the “vALEmount Craft Beer Experience” this weekend, Saturday June 17th, 2017 from 5:00pm – 10:00pm at the Valemount Airport at Valemount, Airport Road, Valemount, BC. “Valemount and the Canoe and Robson Valleys are all about giving back to their community and helping those around them as Canadians. It’s a great spot in the middle of everywhere and nowhere with magnificent views, delicious craft beverages, and amazing music for a two-day weekend opportunity like no other!”

Tickets are all sold out!

Click here to read more about the event.

Renewable Energy World Publishes Article on Geothermal Breakthrough

“Geothermal Makes Breakthrough in Canada’s Federal Budget — Now What?” is an article written by James Wilt, an author for Renewable Energy World. The article discusses some of the major hurdles in the Canadian Geothermal industry, but with the release of the federal budget in late March, along with other news, there is a new hope and a positive outlook for the geothermal sector moving forward in the future!

Click here to read the full article.

High Temperature Geothermal Energy Investment Opportunity

At 9:30am, December 15, 2016  Canoe Reach Energy (wholly owned subsidiary of Borealis GeoPower) issued a press release describing an investment opportunity for the Canoe Reach geothermal project. The content of the release can be viewed here, with the text contained below.

High Temperature Geothermal Energy Investment Opportunity

VALEMOUNT, BCDec. 15, 2016 /CNW/ – Canoe Reach Energy Inc. (“CRE”), a privately held B.C. based company focused on developing geothermal projects throughout B.C.’s Valemount (Robson Valley) Region, is launching a $1.8 million capital raise to develop, market and operate a GeoHeat Park.

Geothermal heat and electricity production is an industry that has been used throughout the world for more than a century, and yet has not been developed in Canada despite its high-quality resources. With rising carbon taxes affecting the price of food, electricity, heating and more, the development of geothermal resources can offer an alternative energy that is locally produced and is renewable.

Director Alison Thompson states, “We are raising capital for drilling and initial development of the reservoir. Accredited investors can participate in an alternate energy investment that is PIMBY (Please In My Backyard). This is possibly the first energy project, and almost certainly the only current energy project in the province that does not have any public discontent associated with it.”

Borealis GeoPower Inc., a privately held corporation based in Calgary, AB and established in 2007 has undertaken geothermal energy exploration activities in the Robson Valley spanning back to 2010.  In 2016 it formed its subsidiary, CRE, to commercialize renewable heat projects, begin operations and start earning revenue from long-term renewable heat contracts.

CRE is qualified as an Eligible Business Corporation (“EBC”) under the BC Small Business Venture Capital Act (“SBVCA”) providing individual tax payers or corporations the opportunity to receive a 30% tax credit on their 2016 tax return for investments up to $200,000, resulting in a net investment cost of $140,000.

This investment opportunity is open to accredited investors only.

This communication is intended for information purposes only and does not constitute and should not be construed in any way as an offer to sell or as a solicitation of an offer to purchase any of the securities of CRE (the “Corporation”). The Corporation cautions that private company investing is considered to be highly speculative and, as such, is suitable only for investors who are prepared to risk the loss of their entire investment. Interested investors should review all subscription documents carefully and consult with licenced legal professionals and advisors for any investment advice.

SOURCE Canoe Reach Energy 

For further information: For more information on the opportunity and EBC program, please go to http://borealisgeopower.com/invest/. To access our private dealroom go to: http://ilnk.me/CanoeReach

How can geothermal training help drilling contractors?

According to Jay Egg of EggGeothermal, geothermal is about to come to the forefront of heating solutions in a big way (as far as geoexchange heating and cooling is concerned). He cites Ontario’s mandated climate plan that will be phasing out natural gas and combustion heating (for new builds by 2030 and for all buildings by 2050), as well as similar government plans in New York and private company initiatives by the likes of Ford Motor Company.

According to Jay, it’s a good time to be a driller. We couldn’t agree more.

Click here to read the full article.