Renewable Energy Developers Inc. Enters into Agreement to Acquire Ontario Wind Project

Renewable Energy Developers Inc. Enters into Agreement to Acquire Ontario Wind 
TORONTO, July 15, 2013 /CNW/ - Renewable Energy Developers Inc. (TSX:RDZ) 
(TSX:RDZ.DB) ("ReD" or "the Company"), a developer, owner and operator of 
renewable energy projects, today announced it has entered into a binding 
agreement with Natenco, LLC to acquire the Ontario wind project known as Grey 
Highlands Clean Energy. The project is located in Grey County, Ontario, has a 
20-year power purchase agreement with the Ontario Power Authority ("OPA"), and 
represents up to 18.5 MW of capacity. 
The parties have entered into a letter of intent, and the transaction will be 
subject to standard conditions, including receipt of any consents required 
from the OPA and other third parties, and settlement of definitive 
agreements. The Company has actively participated in development of the 
project since January 2013 and will be providing additional development 
funding prior to closing. The Company expects to complete the acquisition 
and build and own the project with a financial partner. 
About Renewable Energy Developers Inc. 
ReD is dedicated to the development, ownership and operation of renewable 
energy projects. Through project development efforts, acquisitions, 
partnerships and joint ventures, ReD provides its shareholders with income and 
growth from the renewable power generation sector of the energy industry. On 
July 31, 2013 the Company announced it had entered into a definitive agreement 
with Capstone Infrastructure Corporation (TSX: CSE; CSE.PR.A; CSE.DB.A - 
"Capstone") whereby Capstone will acquire all the outstanding shares of ReD by 
way of a share exchange, which will result in a larger infrastructure company 
with power generation facilities across Canada totalling approximately net 465 
megawatts of installed capacity, an attractive pipeline of contracted 
development opportunities in Canada representing net 79 MW of capacity, and 
international investments in regulated water and district heating businesses. 
Forward-Looking Statements 
Certain information contained in this press release may constitute 
"forward-looking information" which reflects the current expectations of ReD. 
This information reflects ReD's current beliefs with respect to future events 
and is based on information currently available to management. 
Forward-looking information involves significant known and unknown risks, 
uncertainties and assumptions. Many factors could cause actual results, 
performance or achievements to be materially different from any future 
results, performance or achievements that may be expressed or implied by such 
forward-looking information including, without limitation, the ability of the 
parties to settle on definitive agreements and meet conditions precedent, the 
regulatory environment for developing renewable generation in Ontario as well 
the risks listed under the heading "Risk Factors" in the Company's Revised 
Annual Information Form dated April 2, 2013. Should one or more of these 
risks or uncertainties materialize, or should assumptions underlying the 
forward-looking information prove incorrect, actual results, performance or 
achievements could vary materially from those expressed or implied by the 
forward-looking information contained in this release. Although 
forward-looking information contained in this release is based upon what ReD 
Power believes to be reasonable assumptions, management cannot assure 
investors that actual results, performance or achievements will be consistent 
with this forward-looking information. The forward-looking information is made 
as of the date of this release and ReD Power does not assume any obligation to 
update or revise it to reflect new events or circumstances, except as required 
by law. 
Jeff Jenner, CA, CBV President and Chief Executive Officer Renewable Energy 
Developers Inc. Tel: (416) 943-6387  Ross Marshall 
Investor Relations Tel: (416) 815 0700 ext. 238 
SOURCE: Renewable Energy Developers Inc. 
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CO: Renewable Energy Developers Inc.
ST: Ontario
-0- Jul/15/2013 11:00 GMT
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