Sea Breeze Power Corp. announced that is has received a 20 year Power Purchase Agreement ("PPA") offer from British Columbia Hydro and Power Authority ("BC Hydro") for power produced by the 99-megawatt first phase of Sea Breeze's Knob Hill Wind Farm Project. Located 35 kilometers northwest of Port Hardy on northern Vancouver Island, the Knob Hill Wind Farm Project is within the traditional territories of the Kwakiutl, Quatsino, and Tlatlasikwala First Nations and is expected to create green employment opportunities for the local communities and move the region towards a more sustainable economic future.
Construction on the Knob Hill Wind Farm is expected to begin in Q2 2011, with a target date for delivery of electric power in Q4 2012. The Knob Hill Wind Farm was the first wind project to receive an Environmental Assessment Certificate in British Columbia pursuant to the province's Environmental Assessment Process. Upon completion of construction, it will be the first power generating facility initiated by Sea Breeze, which is investigating an additional 180,000 hectares for wind power development throughout British Columbia.
"The offer of a contract from BC Hydro is the result of seven years of effort towards completion of a stringent environmental assessment, comprehensive communication with communities in the region, and preparation of detailed proposal documents and negotiations in BC Hydro's Clean Power Call", said Sea Breeze's President and CEO, Paul Manson.