May 8, 2006

Glen Miller hydroelectric facility opens on Trent-Severn waterway

TRENTON, ONT-Innergex II Income Fund, an affiliate of Innergex Management, opened its 8-megawatt (MW) Glen Miller hydroelectric facility, near Trenton, Ontario, on April 26. Located on the Trent-Severn waterway at the site of an obsolete 1-MW plant dating back to 1912, Glen Miller is the first new hydropower station and the fifth new renewable energy project to open in the last year as a result of the Ontario government's renewable energy RFP process. Its restoration and expansion, at a cost of $21 million, consisted of reconstructing the powerhouse, installing new generating equipment, deepening the intake and the penstock, and heightening the dam and Highway 33. The facility produces 41,600 megawatt-hours (MWh) yearly, enough to meet the electricity needs of 4,000 households. The Glen Miller plant is the second hydroelectric facility managed by Innergex Management. The Batawa facility, two kilometres away, is owned by Innergex Power Income Fund, a trust that indirectly owns 129.9 MW of hydropower facilities. Innergex II is a private, open-ended trust created in 2001 to build, own and operate hydroelectric power plants and wind farms in North America, especially in Canada. It develops or operates more than 300 MW of hydropower projects and is the initiator and partner in the Cartier Wind partnership that will develop 739.5 MW of wind capacity as a result of Hydro-Quebec's call for tenders in 2004.

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