SOURCE: Schneider Power Inc.

November 12, 2007 14:00 ET

Schneider Power Sponsors "Virgin Unite Canada" Launch

TORONTO--(Marketwire - November 12, 2007) - Canada's leading renewable energy developer, Schneider Power Inc., announced today that the Company is sponsoring the launch of Sir Richard Branson's Virgin Unite Canada.

Schneider Power's sponsorship will support the "Heaven's Angels," a campaign to build an army of healthcare workers who will deliver medical aid to Sub-Saharan Africa.

"It is leaders like Sir Richard that cut through the red tape and get people involved. I am happy to say that our Company has been inspired by his vision and we are in full support of Virgin Unite," said Thomas Schneider, President/CEO of Schneider Power Inc.

Virgin Unite is the independent charitable arm of the Virgin Group, created to drive entrepreneurial approaches to social and environmental issues. Virgin Unite gives millions of dollars each year to support Aids in Africa, the Environment, and Youth initiatives.

"Many thanks go to our employees and our shareholders who have generously contributed to this important cause," said Bernd Schneider, Chairman and CEO of Schneider Power Inc. "it is my hope that this is the first step towards further involvement in future Virgin Unite projects, to start solving key issues affecting communities around the world."

Schneider Power Inc. is one of Canada's leading independent renewable energy companies. The company's portfolio currently comprises three operational wind farms and a significant development portfolio of potential renewable power facilities totalling approximately 1,437 MW. Working with landowners, local communities, financial institutions and utility companies, Schneider Power develops and owns North America's most advanced wind and solar farms, bringing clean power to your daily life.