Elemental Energy Announces Financial Close for 11.2MW Community Wind Portfolio in Nova Scotia

Elemental Energy Announces Financial Close for 11.2MW Community Wind Portfolio 
in Nova Scotia 
VANCOUVER, Aug. 21, 2014 /CNW/ - Elemental Energy Inc. ("Elemental") and its 
community partners, Watts Wind Energy Inc. and Katalyst Wind Inc., closed 
non-recourse construction and term debt financing for the 11.2 megawatt ("MW") 
Watts Wind II Limited Partnership portfolio of wind projects in Nova Scotia. 
National Bank of Canada (TSX:NA) is the sole lender on the CAD $30 million 
transaction which was completed on July 31 2014. 
The portfolio includes three wind projects located in the Nova Scotia 
communities of New Glasgow (6.4MW), Barrington (3.2MW), and Wedgeport (1.8MW). 
The projects have 20-year power purchase agreements with Nova Scotia Power 
Inc. under the Community Feed In Tariff (COMFIT) program. Elemental Energy is 
providing sponsor equity to construct and operate the projects. 
"The execution of these projects with our development and community partners 
adds to our growing portfolio of renewable energy projects across North 
America", said Jamie Houssian, Principal of Elemental Energy. 
The 11.2MW portfolio represents Phase 1 of a total of 35 megawatts of approved 
community wind projects. Construction started on the projects in the summer of 
2014 with commercial operation expected in March 2015. 
About Elemental Energy Inc. (Elemental) 
Elemental is an active developer, investor and operator of renewable energy 
projects, with interests in hydro, wind, and solar projects throughout North 
America. Elemental provided sponsor equity financing for the Watts Wind II LP 
Additional information about Elemental is available here: 
About Watts Wind Energy Inc. (Watts Wind) 
Watts Wind is an independent power producer and Community Economic Development 
Investment Fund (CEDIF) comprised of over 200 community investors in Nova 
Scotia. Watts Wind has been awarded over 35MW of wind energy contracts under 
the Nova Scotia COMFIT Program. 
Additional information about Watts is available here: www.wattswind.com 
About Katalyst Wind Inc. (Katalyst) 
Katalyst is a developer of wind energy projects. Katalyst led the greenfield 
development of the Watts Wind Energy COMFIT portfolio.

SOURCE  Elemental Energy Inc. 
Jamie Houssian, Principal, Elemental Energy Inc., Tel: 604 648 6682, Email: 
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CO: Elemental Energy Inc.
ST: British Columbia 
-0- Aug/21/2014 13:00 GMT
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