OAKVILLE, ON, Oct. 11 /CNW/ - Algonquin Power Income Fund ("Algonquin
Power") of Oakville, Ontario recently made its annual donation of $10,000 to
the community of St. Leon through the Table Ronde de Saint-Leon organization.
Algonquin Power is a community focused renewable energy company that owns
and operates St. Leon Wind Energy, a 99 MW wind farm with a proven wind
resource located in and around the community of St. Leon.
The annual $10,000 donation is made to the community each year for ten
years, totaling $100,000. This is the third year the donation was made by
Paul Grenier, President of Table Ronde de Saint-Leon recently met with
Ian Robertson, Executive Director of Algonquin Power at the Canadian Wind
Energy Association Conference held in Quebec City. During the meeting, Mr.
Robertson presented a $10,000 cheque to Mr. Grenier, with anticipation that
the wind farm in St. Leon will soon grow.
Algonquin Power has submitted four wind energy projects in the Manitoba
Hydro request for proposals. One of the projects is for an expansion of St.
Leon Wind Energy that is fully supported by the community. The additional
projects proposed are located in three rural municipalities in Southern
"The St. Leon community works very closely with Algonquin Power to ensure
a lasting partnership," stated Paul Grenier. "Algonquin Power's annual
donation is used throughout the community for various projects each year, and
is just one more benefit that St. Leon receives for being involved with the
wind project. We would happily welcome an expansion to the 99 MW facility."
"Algonquin Power and the St. Leon community have a long-term, growing
partnership when it comes to wind energy," stated David Kerr, Executive
Director of Algonquin Power. "Algonquin Power is very proud of being the first
independent wind power producer in the province and is happy to support the
communities where we operate."
About Algonquin Power
Algonquin Power is an open-ended investment trust that owns and has
interests in a diverse portfolio of renewable power generation and sustainable
infrastructure assets across North America, including 47 hydroelectric
facilities, five natural gas-fired cogeneration facilities, one wind energy
facility, 13 alternative fuels facilities and 17 water distribution and
waste-water facilities. Algonquin Power was established in 1997 to provide
investors with sustainable, highly stable cash flows through a diversified
portfolio of renewable energy assets. Algonquin Power's units and convertible
debentures are traded on the Toronto Stock Exchange under the symbols APF.UN,
APF.DB & APF.DB.A and units are included in the S&P/TSX Composite Index.
For further information:
For further information: Ms. Kelly Castledine, Algonquin Power, 2845
Bristol Circle, Oakville, Ontario, L6H 7H7, Telephone: (905) 465-4500,