Alstom Enters Canadian Wind Market Through an Agreement With NaturEner

  Alstom Enters Canadian Wind Market Through an Agreement With NaturEner

Business Wire

LEVALLOIS-PERRET, France -- March 7, 2013

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 110meters, ideally suited to maximizing power
output from intermediate wind speeds averaging 8.5m/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
70TWh annually. Coal and gas power plants produce 82 percent of its domestic
power generation capacity. The province currently has 1,117MW of wind
generation capacity installed on its electric transmission system,
representing approximately eight per cent of Alberta’s total installed
generation capacity. Up to 2,000MW 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,
Michelle Stein
Tel.: + 1-514-281-6200
Investor Relations
Delphine Brault
Tel.: +33 1 41 49 26 42
Press contacts – NaturEner
Maria Luisa Beveridge
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