First National Energy FNEC · USD

Its shares trade under the ticker FNEC. It has been listed since 10 February 2003. In the fiscal year to 31 December 2023, it reported revenue of $1.6m and net income of $108,639. At that date it held total assets of $5.1m and shareholders' equity of $4.3m.

First National Energy Corp. operates as a development stage company. The company is headquartered in Georgetown, Ontario. The company went IPO on 2003-02-10. The firm's business purpose is the provision of wind-driven solutions for power generation. The company is focused on developing a single product line, the supplementary wind energy generation unit, and to bundle it with other services, including installation and maintenance. The company is engaged in the completion of power generation projects from supplemental wind generation technologies. Its wind turbine operates at wind speeds from 2 meters per second (4.4 miles per hour (mph)) to 54 meters per second (120.8 mph). Its project, VRTB Assembly Plant has over 151 turbines installed and produces approximately 11574 megawatts of remote power. The company is developing independent Electric Vehicle Recharging Stations to be installed in Urban areas, as well as in completely remote zones. First National Energy (Canada) Corporation and Pavana Power Corporation are the subsidiaries of the Company.

Figures and description from our data supplier, not checked against the company's own report.

• Gregory ShellerChairman of the Board, President, Chief Executive Officer, since 2010
• Peter WannerChief Financial Officer, Treasurer, Director, since 2004
• Gianni CaputoVice President, Secretary, Director, since 2009

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