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BC Hydro announced today that Capital Power Corporation's ("Capital Power," or "the Company") (TSX: CPX) Quality Wind Project ("Quality Wind," or "the project") has been selected for the award of an Energy Purchase Agreement ("EPA").

The 142-megawatt (MW) wind power project would be located in northeastern British Columbia, and developed by an indirect wholly-owned subsidiary of Capital Power. The project has an expected cost of $455 million.

Clean, renewable energy generated by Quality Wind would be sold under a 25-year EPA with BC Hydro. Commercial operation is expected to commence no later than the spring of 2013.

"Quality Wind is an excellent fit with Capital Power's strategy," said Capital Power President and CEO, Brian Vaasjo. "Once constructed, we expect the...

Innergex Renewable Energy Inc. (TSX: INE) ("Innergex" or "the Corporation") is pleased to announce that it has been selected by the British Columbia Hydro and Power Authority ("BC Hydro") for a power purchase agreements ("PPA") award for three run-of-river hydro projects submitted in response to the BC Hydro's 2008 Clean Power Call.

Innergex's projects, namely Upper Lillooet River, Boulder Creek and North Creek, are located close to Pemberton, in the Lower Mainland region of British Columbia and have a total expected installed capacity of 113 MW. Subject to the British Columbia Utilities Commission's approval, the PPAs will allow Innergex to enter into the development phase, which involves consulting stakeholders, as well as obtaining the relevant permits. Innergex expects North...