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NEWS
BC Developer of the Worlds Largest Wind Farm Backs Provincial Governments Energy Plan
VICTORIA, BC, February 27, 2007 Katabatic Power Corp., a privately held wind energy developer, applauded the unveiling of British Columbias energy plan today.
By committing to aggressive greenhouse gas reductions, the provincial government has reinforced BCs position as a leader in wind energy generation, said Anthony Duggleby, Chief Executive Officer.
With two projects in development, Katabatic is well-positioned to meet BCs energy targets of obtaining 90 percent of its electricity from renewable sources, ensuring zero net greenhouse gas emissions for all new electricity production, and making BC energy self-sufficient by 2016.
Katabatic also supports the government initiative to incorporate First Nations into BCs energy development.
Were in talks with the Gitxaala Nation to develop the words largest wind farm on Banks Island, south of Prince Rupert, said Duggleby. By forging a relationship with the Gitxaala to develop clean power, were ahead of the curve.
BC Hydro research indicates 94 percent of British Columbians support wind energy as their first choice for new power generation.
About Katabatic Power Corp.
Katabatic Power Corp. is a privately held wind farm development company based in Richmond, British Columbia with offices in San Francisco, California. Its mission is to produce clean, renewable energy to meet the growing demand in North America for affordable, non-polluting electricity. In September 2006, Katabatic signed a 25-year electricity purchase agreement with BC Hydro, the Province's primary electricity provider, for the output of the 25.5 MW Mount Hays wind farm. The Mount Hays project is scheduled to become the first commercial wind farm in the province, providing power to BC Hydro customers by the fall of 2008.
For further information:
Fleishman Hillard, Jeremy Twigg, Telephone: 604-688-2505, jeremy.twigg@fleishman.ca
Katabatic Power Corp., Anthony Duggleby, Telephone: 415-552-4332
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