Alstom Enters Canadian Wind Market Through an Agreement With NaturEner

Thu Mar 7, 2013 5:06am EST

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LEVALLOIS-PERRET, France--(Business Wire)--
Regulatory News : 

Alstom (Paris:ALO) and NaturEner Energy Canada Inc. ("NaturEner") have entered
into an agreement for the supply of up to 414 MW of wind turbines to be
installed at NaturEner`s Wild Rose Projects in Alberta. The agreement includes
138 ECO 110 3.0 MW wind turbines, and 10 years of maintenance services. This
project, amounting to around €420 million, should be booked by Alstom in the
fiscal year 2013/14 as soon as Alstom receives the Notice To Proceed (NTP),
which is primarily subject to the financial close of the project and its
successful permitting. 

This landmark agreement marks Alstom`s successful entry into the Canadian wind
market. Each high-yield Alstom ECO 110 wind turbine is classified II-A and IS
Class with a rotor diameter of 110 meters, ideally suited to maximizing power
output from intermediate wind speeds averaging 8.5 m/s. Alstom will assemble the
turbine nacelles in its factories located in Amarillo, Texas, and in Buñuel,
Spain, and will source other components globally. 

"Alstom Wind is proud to work with NaturEner and the province of Alberta on this
landmark project," said Andy Geissbuehler, head of Alstom`s North American Wind
business. "The combination of Alstom`s proven technology and NaturEner`s
extensive experience in developing renewable energy projects will enable us to
provide an efficient and reliable technology solution that takes full advantage
of the strong wind profile of these sites. The project also demonstrates
Alstom`s ability to support utilities and independent developers with proven
wind power technologies that can support utility scale projects in North
America." 

"NaturEner is truly excited to be working with Alstom to bring the Wild Rose
projects into commercial operation," said Jose M. Sanchez-Seara, CEO of
NaturEner North America. "While much work remains to be done, we are strongly
committed to working with Alstom to achieve our mutual goals. After having
successfully built 399 MW in the United States, the Wild Rose projects will add
up to 414 MW to NaturEner`s operating assets, solidifying NaturEner as a robust
renewable energy platform in North America." 

The Wild Rose 1 and Wild Rose 2 wind farms will be located on private
agricultural land in Cypress County, southeast of the city of Medicine Hat in
the province of Alberta. Scheduled to enter commercial operations at the end of
2014 and end of 2015, Wild Rose 1 and 2 will be the largest wind farm in Canada
on a combined basis, with a total installed generation capacity of approximately
414 MW. In anticipation of this significant milestone, NaturEner is in active
negotiations on long-term energy and environmental attribute sales from the
projects. This robust portfolio of contracts will facilitate financing of the
projects. NaturEner is also in advanced negotiations on financing structures and
looks forward to a full project release and start of construction on Wild Rose 1
during the second half of 2013 and on Wild Rose 2 one year later. 

The province of Alberta is a net importer of electricity - importing roughly 70
TWh annually. Coal and gas power plants produce 82 percent of its domestic power
generation capacity. The province currently has 1,117 MW of wind generation
capacity installed on its electric transmission system, representing
approximately eight per cent of Alberta`s total installed generation capacity.
Up to 2,000 MW of additional wind power generation could be developed in
southern Alberta over the next 10 years. 

About Alstom

Alstom is a global leader in the world of power generation, power transmission
and rail infrastructure and sets the benchmark for innovative and
environmentally friendly technologies.Alstom builds the fastest train and the
highest capacity automated metro in the world, provides turnkey integrated power
plant solutions and associated services for a wide variety of energy sources,
including hydro, nuclear, gas, coal and wind, and it offers a wide range of
solutions for power transmission, with a focus on smart grids. The Group employs
92,000 people in around 100 countries. It had sales of €20 billion and booked
close to €22 billion in orders in 2011/12.

About NaturEner
NaturEner Energy Canada Inc. and its affiliate NaturEner USA, LLC are
wholly-owned subsidiaries of Spain-based Grupo NaturEner, S.A.Together, they
have developed renewable energy facilities in three different countries
comprising mini-hydro, solar photovoltaic, and utility-scale wind.NaturEner owns
and operates the combined 210 MW Glacier Wind 1 & 2 projects, located near
Ethridge, Montana and the 189 MW Rim Rock Wind project, located near Kevin,
Montana. NaturEner manages and integrates the production from its Glacier and
Rim Rock projects through its wind-only Balancing Authorities, operated from
NaturEner`s Operations Center (NOC), a fully enabled, state-of-the-art, 24/7
facility.The NOC was developed for the purpose of supporting both commercial and
operational functions for NaturEner`s operating projects and transmission
assets, including all the northbound capacity on the MATL intertie which opens a
new pathway between the Mid-C and AESO markets.

Press contacts - Alstom
Emmanuelle Châtelain, Isabelle Tourancheau
Tel.: +33 1 41 49 37 38 /39 95
emmanuelle.chatelain@chq.alstom.com, isabelle.tourancheau@chq.alstom.com
ou
Michelle Stein
Tel.: + 1-514-281-6200
michelle.stein@power.alstom.com
ou
Investor Relations
Delphine Brault
Tel.: +33 1 41 49 26 42
delphine.brault@chq.alstom.com
Website www.alstom.com
ou
Press contacts - NaturEner
Maria Luisa Beveridge
415.217.5500
mbeveridge@naturener.net
Website: www.naturener.net



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