Suncor Energy Inc.

Suncor Energy Inc.

November 17, 2006 00:00 ET

New wind power project sends electricity to Alberta grid

 
 All figures are in Canadian dollars.

Taber, Alberta (November 17, 2006) — The Chin Chute Wind Power Project, a 30-megawatt joint venture project between Acciona Wind Energy Canada Inc., Enbridge Income Fund, and Suncor Energy Products Inc., is now operational and sending electricity to the Alberta Interconnected Electric System. The $60 million facility is located 20 kilometres southwest of Taber.

Although turbine and substation construction were completed in September, transmission line commissioning, tie-ins and connections required for electricity delivery to the power grid were completed in late October.

Operated by Acciona, the wind farm consists of 20 1.5-megawatt turbines and a 20-kilometre transmission line. The project is expected to generate enough clean electricity to power approximately 11,000 Alberta homes and displace the equivalent of at least 102,000 tonnes of carbon dioxide per year.

Acciona Wind Energy Canada Inc., formerly EHN, is owned 100% by Acciona S.A., which is a group based in Spain dedicated to infrastructures and services aimed at sustainable development and social welfare. Acciona Energy is a leader in the development, construction, operation and ownership of renewable energy projects. The company has installed 4,259 megawatts (MW) in renewables, of which 2,993 MW belong to the group. In the field of wind energy, it has built 154 wind farms in 10 countries, either for its own or for other companies (almost all of them managed and operated by the company), representing total installed wind capacity of 2,898 MW. Through its subsidiary Acciona Windpower, it manufactures 1,500 KW wind turbines using in-house technology. It has 19 small hydro power plants, 3 biomass plants (one of them a 25 MW facility based on straw combustion) and the largest photovoltaic solar energy plant in Spain in terms of capacity (1.2 MW). It has put in operation a biodiesel plant that uses first-use vegetable oils. Acciona S.A. is a member of the World Business Council for Sustainable Development, becoming the first Spanish public traded company of the Ibex 35 to joint this global council.

Enbridge Income Fund is an unincorporated, open-ended trust created to provide a stable and sustainable flow of distributable cash to unit holders. The Fund is a premier income fund in Canada with a low-risk profile focused on energy infrastructure assets.  It owns a 50% interest in the Canadian segment of the Alliance Pipeline, a 100% interest in Enbridge Pipelines (Saskatchewan) Inc., a 50% interest in NRGreen Power Limited Partnership, and interests in three wind power projects in Western Canada. The Fund's ordinary units are listed and trade on the Toronto Stock Exchange under the symbol "ENF.UN". Information about Enbridge Income Fund is available on the Fund's web site at www.enbridgeincomefund.com.
 
Suncor Energy Products Inc. is a wholly-owned subsidiary of Suncor Energy Inc., an integrated energy company headquartered in Calgary, Alberta. Suncor's oil sands business, located near Fort McMurray, Alberta, extracts and upgrades oil sands and markets refinery feedstock and diesel fuel, while operations throughout Western Canada produce natural gas. Suncor operates a refining and marketing business in Ontario with retail distribution under the Sunoco brand. U.S.A. downstream assets include refining operations in Colorado and retail sales in the Denver area under the Phillips 66 brand. Suncor's common shares (symbol: SU) are listed on the Toronto and New York stock exchanges.

Sunoco in Canada is separate and unrelated to Sunoco in the United States, which is owned by Sunoco, Inc. of Philadelphia.

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Media contacts:

Karen Nowicki
Acciona Energy, (585) 723-2113

Jim Rennie
Enbridge Income Fund, (403) 231-3931

Darcie Park
Suncor Energy, (403) 205-7959