Terasen Energy Services to build Okanagan's largest centralized green heating and cooling solution for new lakefront community project



    BURNABY, BC, Oct. 21 /CNW/ - Terasen Energy Services (TES) has signed an
agreement with Troika Developments to design, build and manage an alternative
energy system for Troika's West Harbour project that will integrate renewable
energy to reduce the project's environmental footprint.
    The 45-acre European-style community, located on Westbank First Nation
land on the shores of Okanagan Lake, will include over 1,500 homes and 80,000
square feet of commercial space.
    "We're excited that a development on Westbank First Nation's lands is
utilizing a new technology that will reduce the demand on the province's
energy supply and decrease greenhouse gas emissions," said Westbank First
Nation's Chief, Robert Louie. "We are always supportive of innovation,
especially where it benefits the environmental and social welfare of our
community and the surrounding communities."
    District energy systems can incorporate heat from multiple sources that
is then piped throughout the community to provide space heating, domestic hot
water heating, and air conditioning. These systems effectively integrate
renewable energy and provide high levels of efficiency as the supply and
demand is shared across multiple buildings.
    "The benefit of a TES-owned district energy system is that it has less of
an environmental impact than traditional systems, and provides safe, reliable
energy at an affordable price," said Gareth Jones, Terasen Energy Services
Vice President and General Manager.
    The technologies that TES and Troika are considering for West Harbour
include ground or water geoexchange systems, which extract heat from the earth
or water as a source of renewable energy, thereby providing sustainable energy
for residents and businesses.
    "We recognize how important sustainable building practices have become,
and the value Terasen Energy Services brings as a leader in building and
managing alternative energy systems," said Renee Wasylyk, CEO of Troika. "Our
West Harbour Development will build environmentally-sustainable homes that use
local resources to provide heating and cooling."
    "We are creating a real, vibrant community; a place where people want to
live, get to know their neighbours, and enjoy the beautiful natural
surroundings, while at the same time being responsible to the environment,"
added Wasylyk.
    The district energy system at West Harbour is expected to be operational
as early as 2010. Terasen Energy Services will own and operate the system,
providing safe, reliable and sustainable energy to the community through a
long-term service contract. Through Terasen Energy Services' ownership,
customers will receive the quality of service they have come to expect from an
established utility.
    For more information on the West Harbour development visit
www.westharbourkelowna.com. To learn more about Terasen Energy Services'
alternative energy solutions, visit www.terasenenergyservices.com.

    Terasen Energy Services builds, owns and operates geoexchange systems,
community piping and energy transfer systems to harness renewable energy
sources. Terasen Energy Services is an indirect, wholly owned subsidiary of
Fortis Inc., and uses the Terasen Energy Services name and logo under license
from Terasen Inc. Fortis Inc., the largest investor-owned distribution utility
in Canada, serves two million gas and electric customers and has more than
$10 billion of assets. Its regulated holdings include Terasen Gas and electric
utilities in five Canadian provinces and three Caribbean countries. Fortis
Inc. owns non-regulated hydroelectric generation assets across Canada and in
Belize and upper New York State. It also owns hotels and commercial real
estate in Canada. Fortis Inc. shares are listed on the Toronto Stock Exchange
and trade under the symbol FTS. Additional information can be accessed at
www.fortisinc.com or www.sedar.com.





For further information:

For further information: Media contact: Kristen Mucha, Manager, Business
Development and Customer Relations, Terasen Energy Services, (604) 928-4188,
kristen.mucha@terasen.com; Renee Wasylyk, CEO, Troika Developments, (250)
469-4688, renee@troikadevelopments.com

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TERASEN ENERGY SERVICES

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