Enbridge announced today the Ontario Ministry of the Environment has confirmed that the Environmental Screening Report related to the Company’s 182 megawatt wind power project in Kincardine, Ontario has been accepted and the project will not be elevated to an individual Environmental Assessment. Enbridge believes this is a significant step towards construction of the wind farm.
Enbridge Ontario Wind Power has also received zoning approvals for the entire wind power project from both the Municipality of Kincardine and Bruce County. An Ontario Municipal Board hearing to address appeals related to the specific turbine sites is scheduled to begin on April 23, 2007.
The approximately $0.5 billion project will consist of 110 wind turbine generators, each capable of producing 1,650 kilowatts. The project is planned to produce enough renewable energy to supply up to 64,000 Ontario homes. Enbridge has executed a 20-year electricity purchase agreement with the Ontario Power Authority for all the power generated.
Enbridge Ontario Wind Power L.P. is owned by Enbridge Inc. Enbridge Inc., a Canadian company, is a leader in energy transportation and distribution in North America and internationally. As a transporter of energy, Enbridge operates, in Canada and the United States, the world’s longest crude oil and liquids pipeline system. The Company also has international operations and a growing involvement in the natural gas transmission and midstream businesses. As a distributor of energy, Enbridge owns and operates Canada’s largest natural gas distribution company, and provides distribution services in Ontario, Quebec, New Brunswick and New York State. Enbridge employs approximately 5,000 people, primarily in Canada, the United States and South America. The Company also has investments in wind power and fuel cell projects. Enbridge’s common shares trade on the Toronto Stock Exchange in Canada and on the New York Stock Exchange in the United States under the symbol ENB. Information about Enbridge is available on the Company’s website at www.enbridge.com.
Certain information provided in this news release constitutes forward-looking statements. The words “anticipate”, “expect”, “project”, “estimate”, “forecast” and similar expressions are intended to identify such forward-looking statements. Although Enbridge believes that these statements are based on information and assumptions that are current, reasonable and complete, these statements are necessarily subject to a variety of risks and uncertainties pertaining to operating performance, regulatory parameters, weather, economic conditions and commodity prices. You can find a discussion of those risks and uncertainties in our Canadian securities filings and American SEC filings. While Enbridge makes these forward-looking statements in good faith, should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary significantly from those expected. Enbridge assumes no obligation to publicly update or revise any forward-looking statements made herein or otherwise, whether as a result of new information, future events or otherwise.
Source: Enbridge Inc.
19 March 2007
|Wind Watch relies entirely
on User Funding