SWEF LP (formerly SkyPower Wind Energy Fund LP) Provides Information on Tax Indemnity Claims Process



    TORONTO, March 10 /CNW/ - SWEF LP (formerly SkyPower Wind Energy Fund LP)
(the "Partnership") announced today that a letter from Terida Systems Inc.,
the Tax Indemnity Payment Agent (the "Payment Agent"), is being sent to
Unitholders explaining the process for submitting a claim for indemnity for
the taxes payable by them as a result of the failure of Terrawinds Resources
Corp. ("Terrawinds") to incur sufficient eligible CEE in respect of the 2005
taxation year. As described in the Partnership's management information
circular dated November 29, 2007, a Tax Indemnity Fund was established to pay
these claims. The Payment Agent will process claims and disburse the Tax
Indemnity Funds to Unitholders. Unitholders who do not receive the letter can
obtain a copy of the letter from their brokers. A copy of the letter is also
available at the Partnership's website www.sweflp.com, at the Payment Agent's
website http://www.terida.com/PaymentAgent, and on SEDAR at www.sedar.com.
    The tax information required for Unitholders to prepare their 2007 tax
returns has been provided to their brokers and is also available at the
Partnership's website www.sweflp.com. Unitholders should receive T5013 tax
slips from brokers by March 31st.

    Change of Partnership Name

    In accordance with the terms of the sale of substantially all of the
assets of Terrawinds to SkyPower Corp. on December 28, 2007, the Partnership
changed its name from SkyPower Wind Energy Fund LP to SWEF LP. As a result of
the name change, the Partnership units were assigned a new CUSIP number. Apart
from these two changes, the Partnership units remain the same.

    Forward-Looking Statements

    Certain statements included in this news release constitute
"Forward-Looking Statements" within the meaning of the Securities Act
(Ontario). Such forward-looking statements involve unknown risks,
uncertainties and other factors. The forward-looking information contained in
this news release represents the expectations of the SWEF LP as at March 10,
2008 and, accordingly, is subject to change after that date. However, SWEF 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: W. Judson Martin, Chairman of SWEF GP Inc.,
General Partner of SWEF LP at judsonmartin@sweflp.com

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SWEF LP

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