/NOT FOR DISSEMINATION IN THE UNITED STATES OR OVER UNITED STATES WIRE
CALGARY, Oct. 10 /CNW/ - EarthFirst Canada Inc. ("EarthFirst") (TSX: EF,
EF.WT) is pleased to announce installation of British Columbia's first
commercial wind turbine on the corporation's 144 MW Dokie Wind Project.
The 3 MW Vestas V90 wind turbine was fully assembled Monday at the
construction site about 50 km northwest of Chetwynd, BC. It is the first of 7
turbines to be installed in 2008 and producing power to BC homes in early
2009. The remaining 41 turbines will be installed in 2009.
"Installation of the wind turbines at the Dokie I project site is on
schedule," said Linda Chambers, President and CEO of EarthFirst Canada. "We
expect to meet our commitment of having turbines energized by year end."
When connected to the grid, the first turbine will provide power to about
700 typical BC homes. When the full 144 MW Dokie Wind Project is completed at
the end of 2009, it is expected to power some 33,000 typical BC homes.
"Seeing BC's first wind turbine standing is a historic milestone." said
Ron Percival, vice-chair of EarthFirst Canada. "We extend our congratulations
and sincere appreciation to all stakeholders and resource managers who have
contributed to this achievement."
EarthFirst is a leading Canadian developer of wind energy projects with a
portfolio of over 2,500 MW of potential renewable generating capacity. This
includes the Company's 144 MW Dokie 1 project in British Columbia which has
commenced construction and is due to be completed in 2009. An additional 226
MW of fully permitted BC wind projects are expected to be tendered into the
current BC Clean Power Call. Common Shares and Warrants of EarthFirst Canada
Inc. are listed on the TSX under the symbol EF and EF.WT, respectively.
Certain statements included in this news release constitute
"forward-looking information" within the meaning of applicable securities
legislation including the financing of this project and EarthFirst's expected
installed windpower capacity by the end of 2009. Such forward-looking
information involves known and unknown risks, uncertainties and other factors
which may cause the actual results, performance or achievements of EarthFirst
to be materially different from any future results, performance or
achievements expressed or implied by such forward-looking information.
Specifically, some of the material risks include not being able to
acquire required permits, delays in construction timing or turbine delivery
and not being able to obtain financing. In providing such forward-looking
information we have made various assumptions regarding, among other things,
turbine availability, timing of the receipt of permits, interest rates,
foreign currency exchange, projected construction costs, timeframes and the
costs of and availability of skilled labour.
The forward-looking information contained in this news release represents
the expectations of EarthFirst as at October 10, 2008, and, accordingly, is
subject to change after such date. However, EarthFirst 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: Linda Chambers, President and Chief Executive
Officer, EarthFirst Canada Inc., Tel: (403) 513-0778, Toll Free: (866)
622-4715, E-mail: email@example.com; Derren Newell, VP, Finance
and Chief Financial Officer, EarthFirst Canada Inc., Tel: (403) 513-0766, Toll
Free: (877) 513-0777, E-Mail: firstname.lastname@example.org