July 13, 2010

Capital Power’s Quality Wind Project Receives Environmental Approval


New online casinos – An indirect wholly-owned subsidiary of Capital Power Corporation (“Capital Power” TSX: CPX) has received an Environmental Assessment Certificate from the Government of British Columbia for Capital Power’s proposed Quality  Wind Project located near Tumbler Ridge, B.C.

“This major regulatory milestone in the development of the Quality Wind project New casino gamesallows us to continue moving forward with our goal of bringing clean power to British Columbians by 2012,” said Capital Power President and CEO Brian Vaasjo. “The B.C. Government’s decision to grant an Environmental Assessment Certificate shows that the project can be developed in a manner that is environmentally sound and respects stakeholder and community values.”

The Environmental Assessment process concluded that the proposed 142-megawatt (MW) Quality Wind project is not likely to have significant adverse effects, based on the mitigation measures and commitments included as conditions of the environmental assessment certificate. The conditions New casino sitesoutlined in the certificate must be implemented through the various stages of the project.  The area has seen other development, including oil/gas activity and forestry operations.

The proposed project has an expected cost of $455-million. The proposed 142 MW facility will incorporate 79 wind turbines across the site. Capital Power recently announced an agreement with Vestas to supply and commission the 1.8 MW wind turbines for the site.

In March 2010, BC Hydro announced that the Quality Wind Project had been selected for the award of an Electricity Purchase Agreement (EPA). The EPA was signed in April 2010.

Preliminary construction is anticipated to begin later this year, following New casino gamesthe completion of the land tenure permitting process. Commercial operation is expected by the end of 2012.