Canadian Wind Power Project Completed

Vision Quest Windelectric and ENMAX Corporation have completed their CAD$100 million McBride Lake Wind Farm. The 114-wind turbine, 75 MW, electricity generating facility is located near Fort Macleod, Alberta.

Calgary, Canada – July 7, 2003 [] “Canada’s largest wind farm is now complete after only eight months of construction – on schedule and on budget,” said Fred Gallagher, Vision Quest’s Managing Director and CEO. “Our crews worked very hard through tough winter and spring conditions to exceed our target.” Construction on the wind farm began November 2002. Power first flowed in February 2003 and the last turbine was commissioned on June 21, 2003. The wind farm will produce about 235,000 MWh/year of electricity – enough energy to power more than 32,500 homes annually. It features 114 Vestas 660 kW turbines on 50-metre towers with 75 MW of total capacity. “ENMAX’s investment in McBride Lake fits well with our continued support of renewable energy and is an integral part of the choices we offer Alberta consumers,” said Bob Nicolay, ENMAX president and chief executive officer. “McBride Lake is an excellent example of how deregulation has fostered innovative forms of generation.” Vision Quest and ENMAX, through its wholly owned subsidiary ENMAX Green Power Inc., are equal partners in ownership of the McBride Lake wind farm, located eight kilometres south of Fort Macleod at McBride Lake. Vision Quest will operate the facility and ENMAX will purchase the output. In addition, the project is supported by the federal government’s Wind Power Production Incentive program. “We are pleased to see these new facilities come on stream so quickly,” said Steve Snyder, President and CEO of TransAlta, Vision Quest’s parent company. “Our investment in wind power reflects our balanced approach to electricity generation and our commitment to sustainable development.” ENMAX Energy, a wholly owned subsidiary of ENMAX, provides wind-generated electricity to residential and commercial customers through its Greenmax program. At present, more than 4,000 residential customers and 200 commercial customers support the program. Vision Quest is active in Alberta as a generator, holds electricity retailer licenses in Ontario, and has interests in wind power projects in a number of other provinces. Vision Quest sells Green Energy Electricity and Green Energy Tags which are green power products from pure wind energy.
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