RES Canada and Ontario Power Authority Announce Canadian Wind Projects

The Talbot Wind Farm

• $250 million project, to be constructed in the Municipality of Chatham-Kent.

• It will produce 99 MW of clean wind energy, enough electricity to power 26,000 average Canadian homes.

• The project will create an estimated 300 construction jobs and 8 direct operation jobs.

• Talbot Wind Farm will generate revenue for businesses in the region, spending up to $50 million in capital expenditure and more than $7 million a year in operating expenditures. Landowner payments will put over $1 million per year in the hands of local Ontario farmers.

• The Municipality will also benefit, receiving around $278,000 in tax payments each year.

The Greenwich Wind Farm

• The $250 million project will be located in the Municipality of Dorion and the Unorganized Territory of Spruce Current.

• It will produce 99 MW of clean wind energy, enough electricity to power 26,000 average Canadian homes.

• Construction will generate approximately 300 jobs and 8 direct operations jobs once construction is completed.

• $75,000 in municipal tax payments each year will be generated from the project, half going to Municipality of Dorion and half to the provincial treasury.

• RES will spend up to $25 million in capital expenditure in the region, including materials and labour, with more than $6 million in yearly operating expenditures.

“RES Canada is happy to partner with the Ontario Power Authority to bring the benefits of wind energy to the people of Ontario,” said Craig Mataczynski, President of RES Canada. “We are committed to the Ontario Ministry of Energy and Infrastructure’s vision to develop renewable energy for ‘Ontario’s electricity future’.”

For over a decade, Renewable Energy Systems Americas (RES Americas) has developed, constructed, operated and owned wind farms across North Americas. RES is a worldwide success story in the fast-growing renewable energy sector. Active since 2003, RES Canada brings this expertise and competitive approach to the Canadian wind industry.

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About RES Canada and RES Americas: Renewable Energy Systems Canada Inc. (RES Canada) was founded in 2003 and is based in Montreal, Quebec. RES Canada is active with the development and construction services in most Canadian provinces. It is also a member of the ‘Saint-Laurent Energies’ consortium which won 954MW in the Hydro-Québec 2000MW tender in May 2008. RES Canada is both a co-owner of these Québec projects and in charge of construction.

Renewable Energy Systems Americas Inc. (RES Americas) is a fully-integrated wind energy company that develops, constructs, owns and operates wind projects across the United States. At the end of 2008, RES Americas constructed more than 3,400 MW of projects in North America and has over 15,000 MW in development. It has developed or constructed more than 12% of US operating wind projects, and developed or constructed 20% of the US operating wind projects completed in 2007. RES Americas’ corporate office is located in Denver, CO with regional offices located in Austin, Texas, Portland, OR, and Minneapolis, MN.

For more information, please visit www.res-americas.com.

Source: RES