NaturEner Canada Receives Updated AUC Approvals for Wild Rose 1 and Wild Rose 2 Wind Projects


Projects Well Positioned to Compete in Alberta’s 2017 Renewables Competitive Process

April 17, 2017 – Calgary, Alberta – Calgary-based NaturEner Energy Canada Inc., a renewable energy company, is pleased to announce that updated Alberta Utilities Commission (“AUC”) approvals for amendments to the 217 MW Wild Rose 1 and the 192 MW Wild Rose 2 Wind Projects were received on April 12. The updated AUC approvals approve the use of the Siemens SWT-113 3.2 MW wind turbines and extend the construction completion dates to December 2019 to align with the requested in-service dates in the Government of Alberta’s 2017 Renewable Energy Program (“REP”) to competitively procure new renewable energy projects.

The Wild Rose 1 and Wild Rose 2 Wind Projects are located on privately held lands in a high-quality wind resource region with available transmission capacity southeast of the City of Medicine Hat in Cypress County, Alberta.

“NaturEner has invested significant resources over a number of years to develop the Wild Rose Projects and we are looking forward to participating in the 2017 Renewable Electricity Program competitive process. With the amended AUC permits in place, we are well positioned to meet the requested in-service dates for new renewable energy projects in that process”, said Jose Maria Sanchez, President and CEO of NaturEner Canada. “NaturEner appreciates the ongoing support of local landowners, Cypress County and provincial agencies, including the AUC, as we finalize the preparation of the Wild Rose Projects for the competitive process”, said Shannon Wever, NaturEner Canada’s VP of Renewable Development.

Background:

The Government of Alberta’s Renewable Electricity Program (REP) is intended to encourage the development of 5,000 MW of renewable electricity generation capacity connected to the Alberta grid between now and 2030. The Alberta Electric System Operator (“AESO”) is responsible for implementing and administering the program through a series of competitions that will incent the development of renewable electricity generation through the purchase of renewable attributes.

Each competition for the REP may include up to three stages and is anticipated to run for approximately 7-11 months. Round 1 of competition for 400 MW is expected to be launched on April 28, 2017, contract award in December 2017, with target commercial operation date for successful projects in December 2019.

For more information on the REP please click on https://www.aeso.ca/market/renewable-electricity-program/first-competition/.

About NaturEner:

NaturEner Canada is a subsidiary of NaturEner USA, which owns and operates 399 MW of wind assets in Montana and has all the northbound capacity in MATL, a merchant intertie between Montana and Alberta. NaturEner USA manages and integrates the production from its wind projects through its wind-only Balancing Authorities, PowerWatch and WindWatch, operated from NaturEner’s Operations Center (“NOC”), a fully enabled NERC certified 24/7 facility. Besides the Wild Rose 1 and Wild Rose 2 projects, NaturEner Canada is developing some other projects in Alberta which will participate in subsequent rounds of the Renewable Electricity Program.


NaturEner Press Contact                                                                      Website: www.naturener.ca

Lois Gill

403-705-0690

lgill@naturener.ca