Creststreet Kettles Hill Windpower LP announces completion of the sale of Kettles Hill Wind Energy Inc.



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

    CALGARY, June 27 /CNW/ - Creststreet Kettles Hill Windpower LP (the
"Partnership") announced that it has completed the sale to ENMAX Green Power
Inc. of the shares of Kettles Hill Wind Energy Inc. ("KHWEI") for
$123.36 million plus the assumption of debt.
    The Partnership will now calculate and announce the final distribution to
unitholders of the Partnership by July 4, 2008, and payment will be made to
unitholders shortly thereafter.
    The Partnership paid $51.19 million to Creststreet Power & Income Fund LP
for its subordinated notes of KHWEI.

    About Creststreet Kettles Hill Windpower LP

    THE PARTNERSHIP IS ORGANIZED IN ACCORDANCE WITH THE TERMS AND CONDITIONS
OF A LIMITED PARTNERSHIP AGREEMENT WHICH PROVIDES THAT NO UNITS MAY BE OWNED
BY, AMONG OTHER THINGS, A PERSON WHO IS A "NON-RESIDENT" OF CANADA FOR
PURPOSES OF THE INCOME TAX ACT (Canada) OR A PARTNERSHIP.

    CERTAIN STATEMENTS INCLUDED IN THIS NEWS RELEASE, INCLUDING STATEMENTS
RELATING TO THE DISTRIBUTIONS TO UNITHOLDERS AND PAYMENTS TO DEBENTUREHOLDERS
OF THE PARTNERSHIP, 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
AMOUNTS DISTRIBUTED BY THE PARTNERSHIP TO BE MATERIALLY DIFFERENT FROM THOSE
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 THE DATE
HEREOF 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: Creststreet Kettles Hill General Partner
Limited, Robert Toole, President and CEO, Tel: (416) 862-7018, E-mail:
rtoole@creststreet.com; Derren Newell, VP, Finance and CFO, Tel: (403)
513-0766, E-mail: dnewell@creststreet.com

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CRESTSTREET KETTLES HILL WINDPOWER LP

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