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About SkyPower SkyPower Press Releases - 2007
   
 
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Fermeuse wind farm ready to roll
NEWFOUNDLAND, December 13 -A wind farm south of St. John's may finally get a green light, following a series of sales of the company proposing its development. The 27-megawatt wind farm will be built near the Southern Shore community of Fermeuse last year.

SkyPower Announces Agreement with Newfoundland and Labrador Hydro to Build 27 MW Wind Power Project in Fermeuse
TORONTO, December 13 - SkyPower Corp. ("SkyPower"), a company affiliated with Lehman Brothers, announced today that it signed a 20-year power purchase agreement with Newfoundland and Labrador Hydro ("Hydro") to build, operate and sell power from a 27 MW Wind Project to be located in Newfoundland and Labrador.

Key to solar power use is a price boost: CEO
TORONTO, November 20 - Governments must pay sharply higher prices for electricity generated by the sun if the solar industry is expected to thrive in Canada, the head of one of Canada's biggest alternative energy developers said yesterday.

SkyPower Corp. completes the previously announced private placement investment in AAER
SkyPower Corp. conclut le placement privé précédemment annoncé dans AAER
NEW YORK, TORONTO, BROMONT October 9 - SkyPower Corp. (“SkyPower”), a company affiliated with Lehman Brothers, announced today that it has completed the private placement investment of $5,000,000, previously announced on September 18, 2007, in AAER Inc. (TSX-V: AAE) (“AAER” or the “Company”), Canada's only wind turbine manufacturer.

GE Energy to Supply SkyPower with 200 Wind Turbines
ATLANTA, 1 October 2007 - ATLANTA--(BUSINESS WIRE)--Through an agreement valued at approximately $400 million, GE Energy (NYSE: GE) will provide SkyPower Corp., a company affiliated with Lehman Brothers and one of Canada’s leading wind energy developers, with 200 wind turbines for projects across Canada and the United States. Slated for delivery in 2009, the 1.5-megawatt GE machines will have the capacity to produce a total of 300 megawatts of wind-generated electricity, enough to meet the needs of more than 100,000 households.

SkyPower Corp. is taking a 20.9 per cent equity stake in wind turbine manufacturer AAER Inc.
MONTREAL, September 20 - This morning, as Hydro-Québec begins to open bids on its call for tender for 2,000 megawatts of wind power, AAER Inc., the Quebec-based company poised to become Canada's first wind turbine manufacturer, will figure prominently.
Click the following to read articles from OilWeek Magazine and La Presse on AAER and SkyPower.

66 bids for Hydro-Québec projects. Four times the megawatts utility seeks
MONTREAL, September 20 - From scenic La Malbaie in southern Quebec to James Bay in the north, wind farm developers have staked their spots in one of the largest single solicitations for wind power ever made.

Hydro vient de recevoir plus de 66 propositions de parcs éoliens
MONTREAL, September 20 - From scenic La Malbaie in southern Quebec to James Bay in the north, wind farm developers have staked their spots in one of the largest single solicitations for wind power ever made.

SkyPower Applauds Ontario Government's Commitment to Increase Renewable Energy
TORONTO,August 27 - SkyPower Corp., one of Canada's leading renewable energy companies, applauds today's announcement that the Government of Ontario has directed the Ontario Power Authority to procure an additional 2,000 MW of renewable power. "The Ontario government has proven itself to be a global leader in attracting new and sustainable sources of renewable electricity generation," said Kerry Adler, President and Chief Executive Officer of SkyPower. "This announcement will greatly enhance the province's track record in developing clean, renewable power."

SkyPower Closes on Investment from Lehman Brothers
NEW YORK & TORONTO, June 12 - SkyPower Corp., one of Canada's leading renewable energy companies with a substantial portfolio of wind and solar projects across Canada, has announced that Lehman Brothers and its Private Equity business have acquired a significant equity stake in the company. The transaction closed on Monday, June 11th and includes an up-front acquisition payment, commitments to future project financing as well as other investment opportunities in the renewable energy sector.

SkyPower sells equity stake to Lehman Brothers Private Equity
NEW YORK & TORONTO, June 2 /CNW/ - SkyPower Corp., one of Canada's leading renewable energy companies with a substantial portfolio of wind and solar projects across Canada has announced today that Lehman Brothers and its Private Equity business have acquired a significant equity stake in the company.

SkyPower & First Nations Communities: Partners in Sun & Wind Collaborating and Benefiting from the Creation of Sustainable Renewable Energy
May June 2007, Aboriginal Times article
With increasing attention being paid to global climate change and resulting social and environmental issues, governments and decision makers around the world and across Canada are setting goals and implementing programs to facilitate the development of renewable power generation that can mitigate the negative environmental impacts of power created by non-renewable resources.

Here comes the sun: Ontario pushing solar power
May 30, 2007
Ontario's promise to pay premium prices for electricity generated from the sun has spurred private developers to launch a spate of projects that could make the province one of the world's leading solar power producers.

Three more solar farms set to be built in Ontario
May 18, 2007
Ontario is getting three more massive solar farms, on top of four announced last month, and the companies behind the multi-million-dollar projects say more are on the way as long as the government keeps paying a premium for the clean power.

SkyPower Corp. and SunEdison Canada LLC Awarded Ontario Solar Power Supply Contract
May 17, 2007
Toronto, Ontario, Canada & Beltsville, Maryland, USA – Joint venture partners SkyPower Corp. and SunEdison Canada LLC are pleased to announce the award of their first Standard Offer Contract with the Ontario Power Authority.

Mayor of Winnipegosis Gloria Kostelnyk declares her support for the Parkland Wind Power project and Foundation
May 17, 2007
Read the Mayor’s entire speech.

SkyPower Corp. announces Wind Power Foundation to benefit Parkland Region
May 17, 2007
SkyPower Corp. and Manitoba‐based Mossey River Energy have announced the creation of the Parkland Wind Community Program and the Parkland Wind Power Foundation. Click here to see a picture of the Parkland Wind Power Foundation group and supportive local politicians.

Wind power project: Benefits set to blow through Parkland
May 15, 2007
Change is in the wind for the areas surrounding Winnipegosis and Mossey River.

Three Affiliated Tribes and SkyPower Corp. form Joint Venture for Wind Energy Development
April 5, 2007
SkyPower Corp. is pleased to announce that its wholly owned subsidiary United Wind and Power Corp. (“SkyPower US”) has entered into a letter of intent with the Three Affiliated Tribes: the Mandan, Hidatsa, and Arikara of the Fort Berthold Reservation in order to pursue the formation of a joint venture for the development of wind energy projects on TAT Tribal land located in North Dakota.

Ontario green-lights energy projects
February 28, 2007
An Ontario program designed to let small energy producers sell clean electricity to the province is beginning to bear fruit. Energy Minister Dwight Duncan announced yesterday the first 22 wind, solar, bio-energy and water projects approved under the program. Together, the renewable projects have the capacity to produce 140 megawatts, which is enough to power about 30,000 homes. Dozens more are expected in the coming weeks.

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