Renewable Energy Services Ltd. (RESL) today (Thursday) announced it has signed an agreement with Nova Scotia Power Inc. and is proceeding with the construction of the Point Tupper Wind Farm. Under the agreement, RESL will construct and operate the wind farm, and Nova Scotia Power will own up to 49% of the Richmond County wind project. This wind farm will bring 22.5 megawatts of clean energy onto the grid.

“We’re very pleased to have Nova Scotia Power involved in the Point Tupper project,” said Larry LeBlanc, CEO of RESL. “This agreement gives us the financial support we need to move this project ahead and build what will be the biggest wind farm yet in Cape Breton.”

Nova Scotia Power’s financial contribution to the project will be in the range of $28 million.

The project will install 11 Enercon E-82 turbines, each with a nameplate capacity of 2.05 MW and a hub height of 80 metres. The units were selected based on data generated from a 0.8 MW Enercon turbine RESL has operated at the site since 2006, and a meteorological tower that has been collecting wind data since early 2008. The project is expected to go into service during the third quarter of this year.
“RESL is a great company that has been producing wind power in Nova Scotia since 2005, and we’re happy to be in business with them,” said Robin McAdam, Executive Vice President, Sustainability, Nova Scotia Power. “This is an important investment in the clean electricity needs of our customers, and it’s a key component in our plan to meet the government’s renewable energy targets.”

RESL owns and operates turbines located across Nova Scotia in the communities of Brookfield, Goodwood, Digby, Marshville and Richmond County, which allows RESL to capture data in order to assess each area for further development. RESL also has two wind farms under development in Alberta.

About Renewable Energy Services Limited (RESL)
Founded in 2000, Renewable Energy Services Limited is engaged in the exploration and development of renewable energy in Canada. Operating on an aggressive growth plan, RESL will be a pioneer in building a new economy for the region based on a secure, clean and sustainable energy supply.

About Nova Scotia Power
Nova Scotia Power Inc. is the largest wholly-owned subsidiary of Emera Inc. (TSX-EMA), a diversified energy and services company. Nova Scotia Power provides more than 95% of the generation, transmission and distribution of electrical power to 482,000 customers in the province. The company is focused on new technologies to enhance customer service and reliability, reduce emissions and add renewable energy. Nova Scotia Power has 1,700 employees and $3.5 billion in assets.

Media contacts:

Renewable Energy Services Ltd
Larry LeBlanc
(902) 442-8200

Nova Scotia Power
David Rodenhiser
(902) 428- 6474
david.rodenhiser@nspower.ca