Creststreet Kettles Hill Achieves Major Progress in Auction Process



    /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
    DISSEMINATION IN THE UNITED STATES./

    CALGARY, Nov. 15 /CNW/ - Creststreet Kettles Hill Windpower LP ("Kettles
Hill" or the "Partnership") announced today that it has completed a major
milestone in the process to provide liquidity to the Unitholders of the
Partnership. As previously announced, the Partnership is pursuing the sale of
Kettles Hill Wind Energy Inc. ("KHWE") the operating company of Kettles Hill
Windpower Facility. Kettles Hill has reached agreement with the other
shareholders of KHWE to facilitate this sale process. Interested parties will
now be able to acquire the Kettles Hill Windpower Facility through a simpler
transaction.
    "Having completed this phase of the auction, the Partnership's
independent advisor, Blair Franklin, will now commence a broad market canvass
and will be shortly contacting potential purchasers interested in acquiring
KHWE. Potential purchasers who have interest in acquiring KHWE should contact
Blair Franklin to register their interest.

    About Kettles Hill Windpower Facility

    The Kettles Hill windpower facility is comprised of 35 Vestas V80 1.8
Megawatt wind turbines and produces 63 Megawatts of renewable energy
sufficient for 27,000 homes.

    About Blair Franklin Capital Partners

    Blair Franklin Capital Partners Inc. is a Toronto-based independent
financial advisory firm specializing in mergers, acquisitions and
divestitures, related party transactions, financings, restructurings, risk
management and governance issues, and undertakes valuations and fairness
opinions on behalf of corporate, private, institutional and public sector
clients. Contact: David Pyper, Partner, Blair Franklin Capital Partners Inc.
at (416) 304-3990 or by e-mail at dpyper@blairfranklin.com.

    About Creststreet

    Creststreet Capital Corporation is an investment management firm
specializing in structuring and managing high quality windpower assets and
flow-through investment products for Canadian investors. Since its inception
in 2000, Creststreet has raised over $790 million for investment in
flow-through shares of Canadian resource and renewable energy companies.

    CERTAIN STATEMENTS INCLUDED IN THIS NEWS RELEASE CONSTITUTE
"FORWARD-LOOKING STATEMENTS" WITHIN THE MEANING OF THE SECURITIES ACT
(ONTARIO). SUCH FORWARD-LOOKING STATEMENTS INVOLVE KNOWN AND UNKNOWN RISKS,
UNCERTAINTIES AND OTHER FACTORS WHICH MAY CAUSE THE ACTUAL RESULTS,
PERFORMANCE OR ACHIEVEMENTS OF THE PARTNERSHIP TO BE MATERIALLY DIFFERENT FROM
ANY FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY SUCH
FORWARD-LOOKING STATEMENTS.
    THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWS RELEASE REPRESENTS
THE EXPECTATIONS OF CRESTSTREET KETTLES HILL WINDPOWER LP AS AT NOVEMBER 15
2007, AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. HOWEVER,
CRESTSTREET kettles hill windpower LP EXPRESSLY DISCLAIMS ANY INTENTION OR
OBLIGATION TO UPDATE OR REVISE ANY FORWARD-LOOKING INFORMATION, WHETHER AS A
RESULT OF NEW INFORMATION, FUTURE EVENTS OR OTHERWISE, EXCEPT AS REQUIRED BY
APPLICABLE LAW.




For further information:

For further information: Robert Toole, Creststreet Kettles Hill General
Partner Limited, Tel: (416) 862-7018, E-mail: rtoole@creststreet.com; Grant
Bunker, VP, Business Development, Creststreet Capital Corporation, Tel: (416)
628-2161, E-mail: gbunker@creststreet.com

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CRESTSTREET KETTLES HILL WINDPOWER LP

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