Project Development, Wind Power

SkyPower Completes Financing for Wind Energy Project

Toronto, Ontario [RenewableEnergyAccess.com] SkyPower Wind Energy Fund LP announces that Terrawinds Resources Corp. has closed the previously announced extension of its project debt financing for its wind energy Facility near Riviere-du-Loup, Quebec. The financing consists of a new $130 million Turbine Supply Loan underwritten by HSH Nordbank AG (HSHN). The loan will be used to replace the existing $26 million Turbine Supply Loan entered into with HSHN on August 1, 2006.