Pattern Energy Signs 138-MW PP with Manitoba Hydro

Pattern Energy Group LP and Manitoba Hydro-Electric Board announced that the two companies have entered into a 27-year power purchase agreement for the sale of energy produced by St. Joseph Windfarm Inc., a 138-megawatt (MW) wind project currently under construction and located in the southern Manitoba community of St. Joseph.

“We are very proud to be in partnership with Manitoba Hydro and pleased to construct and operate the St. Joseph Windfarm, the largest wind farm in Manitoba and one of the largest in Canada,” said Mike Garland, CEO of Pattern Energy. “St. Joseph is a worldclass wind project utilizing an excellent wind resource, which brings our total premium wind projects under construction or in operation, started in the last eight months, to more than 500 MW, in addition to our continued development of more than 4,000 MW of mature wind project opportunities in Canada and the United States.”

St. Joseph Windfarm is expected to create 200 – 225 jobs during the construction phase and approximately 15 permanent positions. The project is expected to result in the payment of millions of dollars in property taxes over the life of the project with two-thirds of the tax revenue going to education and one-third going to the host communities.

Mortenson Canada has begun construction on the St. Joseph Windfarm. The project will include 60 Siemens SWT-2.3 MW turbines, which are expected to begin generating electricity by late 2010. Manitoba Hydro has provided the project with a 20-year construction/term loan to finance a portion of the project. Terms of the power purchase agreement and construction/term loan were not disclosed.

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