Creststreet Power & Income Fund LP Confirms April Distribution



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

    CALGARY, April 18 /CNW/ - Creststreet Power & Income Fund LP (the
"Partnership") (CRS.UN:TSX) confirmed today the cash distribution of $0.0542
per unit to be paid on May 15, 2007, in respect of April production, to
unitholders of record at the close of business on April 30, 2007. The
ex-distribution date is April 26, 2007.

    About Creststreet Power & Income Fund LP
    Creststreet Power & Income Fund LP (the "Partnership") owns and operates
two wind energy projects in Quebec and Nova Scotia with a total of 47 wind
turbines and power generating capacity of 84.6 megawatts. All electricity
generated by these wind energy projects is being sold pursuant to long-term
power purchase agreements with provincial electricity utilities.

    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 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 POWER & INCOME FUND LP AS AT APRIL 18, 2007,
AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. HOWEVER, CRESTSTREET
POWER & INCOME FUND 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: Derren Newell, VP, Finance and CFO, Creststreet
Power & Income General Partner Limited, Tel: (403) 513-0766, E-mail:
dnewell@creststreet.com

Organization Profile

CRESTSTREET POWER & INCOME FUND LP

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