Edmonton, Alberta, March 12, 2010 — BC Hydro announced today that Capital Power Corporation's Quality Wind Project has been selected for the award of a power purchase agreement.

The 142-MW wind power project would be located in northeastern British Columbia, and developed by an indirect wholly-owned unit of Capital Power. The project has an expected cost of $455 million.

Clean, renewable energy generated by Quality Wind would be sold under a 25-year PPA with BC Hydro. Commercial operation is expected to commence no later than the spring of 2013.

The Quality Wind project design currently calls for 79 wind turbines on a site about 10 kilometers northeast of Tumbler Ridge, British Columbia, a community of 2,500. The proposed site is near Highway 52, which provides relatively good access for construction. The area has seen other development, including oil/gas activity and forestry operations. Public consultation for the project began in 2007.

Construction of the Quality Wind project will be subject to regulatory approvals, including completion of the provincial environmental assessment (EA) process and approval of the PPA by the B.C. Utilities Commission.

The project is currently being reviewed under British Columbia's Environmental Assessment Act. An application for an Environmental Assessment Certificate has been filed with the B.C.

Environmental Assessment Office, and a formal 180-day review process, including Open Houses, is near completion. The EA Application examines the project's potential impacts, including biophysical, social, economic, heritage and health components.