SkyPower Submits over 900MW of Wind Energy Projects into the Hydro Quebec 2000MW Call for Tender

    MONTREAL, Sept. 19 /CNW/ - SkyPower Corp, a company affiliated with
Lehman Brothers, has announced today that it has submitted in concert with its
bidding partners a total of 7 bids into the Hydro Quebec Call For Tender
totaling over 900MW of potential projects for planned construction for 2010
thru 2015.
    Hydro Quebec's plan to purchase up to 2000MW of wind energy from private
developers would bring the total wind purchased by Hydro Quebec since 2003 to
over 3000MW. SkyPower has been working closely with its bidding partners over
the past few years to ensure that its proposed projects are sound, competitive
and have the requisite community and First Nation support which are paramount
to the success of a wind project in Canada.
    "SkyPower's continued commitment to Quebec is further highlighted by our
recently announced decision to acquire a stake in AAER Inc., a wind turbine
manufacturer located in Bromont, Quebec that plans to manufacture wind
turbines in Quebec and sell principally to the North American Market. SkyPower
is equally proud to support the continued vision of the Government of Quebec
and Hydro Quebec as these wind projects as envisaged with their local content
commitments will ensure substantial economic development and job creation in
the Province of Quebec setting a clear example of environmental leadership
which is in harmony with the founding principles of the company" stated Kerry
Adler, SkyPower's President & Chief Executive Officer.

    About SkyPower

    SkyPower Corp. (, a company affiliated with Lehman
Brothers, is Canada's leading independent renewable energy developer with
interests in over 70 wind and solar projects at various stages of development
across 12 provinces/states, representing more than 7,000 MW of potential
capacity. SkyPower also has over 1,000MW of wind energy under development in
India. SkyPower's strategy involves bringing a portfolio of renewable energy
projects from exploration phase through to construction and commercial
operation and is focused on being the largest owner and operator of renewable
energy parks across Canada. In June 2007, SkyPower became affiliated with
Lehman Brothers, the global investment bank.

For further information:

For further information: or partnership inquiries: Cory Basil, Co-Head,
Wind Development, SkyPower Corp., (416) 979-4625

Organization Profile

SkyPower c/o SkyPower Services ULC

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