SkyPower Secures Major Wind Power Supply Contract



    
    SkyPower signs 20-year Power Purchase Agreement with the Ontario Power
    Authority to build $160-million wind power project
    

    TORONTO, Jan. 23 /CNW/ - SkyPower Corp. (SkyPower) announced today that
its proposed 64.5 MW Byran Wind Project was selected in the Ontario Power
Authority's Renewable Energy Supply (RES III) competitive supply process.
    The Byran Wind Project, located in Prince Edward County, Ontario, is
expected to become operational by the end of 2010 and will produce clean
energy sufficient to power more than 16,000 homes annually.
    "We are excited to have the opportunity to generate clean, renewable
energy that will serve Ontarians for years to come," said Kerry Adler,
SkyPower's President & Chief Executive Officer. "Ontario's environment,
economy and future energy supply will be well-served by the Byran Wind
Project."
    The Ontario Government, in concert with the Ontario Power Authority, has
launched a number of innovative procurement programs to encourage the growth
of the renewable energy industry in the province. These procurement programs
provide a platform for stimulating investment and job creation in the
renewable energy sector. The awards issued under the Ontario Power Authority
competitive process demonstrates the strong support of the power authority,
provincial government, municipal leaders, and communities, and are a clear
indication that Ontario's renewable energy targets are achievable. The Byran
Wind Project is an important step towards delivering secure, sustainable and
clean energy for Ontarians and will help meet the Ontario's government's green
energy objectives.
    "We look forward to working with provincial and municipal government
leaders as well as with the local community on the development and
construction of this project," said Adler. "In particular, we are encouraged
to see that the Ontario Government recognizes that investments in wind energy
projects will help create valuable jobs, economic growth and clean renewable
energy development in Ontario."
    In addition to the Byran Wind Project, SkyPower has executed 17 other
contracts with the Ontario Power Authority over the past few years for the
supply of both Wind and Solar energy under the Ontario RESOP program amounting
in aggregate to over 160 MW of incremental clean renewable energy. These
projects are at varying stages of development or construction across Ontario.

    About SkyPower Corp.

    SkyPower is Canada's largest renewable energy developer with interests in
more than 200 wind and solar projects at various stages of construction and
development across Canada and select U.S. states, representing more than
11,000 MW of potential capacity. Working with local partners, SkyPower also
has wind energy under development in India, and hydro projects under
development in Panama. For more information about SkyPower, please visit
www.skypower.com.





For further information:

For further information: on the Byran Wind Project, please visit
www.byranwindproject.com or contact us at: Grace Pasceri, Community Relations
Manager, (416) 979-4625, gracep@skypower.com; Aaron Peters, Communications &
Regulatory Affairs, (416) 979-4625, aaronp@skypower.com

Organization Profile

SkyPower c/o SkyPower Services ULC

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