Canadian Hydro Developers, Inc.

Canadian Hydro Developers, Inc.

March 13, 2008 12:23 ET

Canadian Hydro Announces Melancthon II Decision

CALGARY, ALBERTA--(Marketwire - March 13, 2008) - Canadian Hydro Developers, Inc. (TSX:KHD) announces that the Ontario Municipal Board ("OMB") has issued its final decision in the matter of Canadian Hydro's appeal of certain planning matters relating to a portion of the 132 MW Melancthon II Wind Project. The OMB has allowed Canadian Hydro's appeals for the transformer station expansion as well as the Official Plan Amendment and the Zoning By-law Amendments for the wind turbine generators and ancillary facilities in Amaranth Township.

With this approval, Canadian Hydro is a significant step closer to construction of the 22 wind turbines and the expanded transformer station to be located in Amaranth. Canadian Hydro still requires a Certificate of Approval (Air) from the Ministry of the Environment and building permits from the County of Dufferin prior to commencing construction activities in this Township.

"We want to thank the Township of Amaranth and the OMB for the effort that they made to conduct the hearing and issue a decision in a timely manner," said Ann Hughes, Executive Vice President. "As a result of the feedback from interested parties during the OMB process, we will be installing quieter transformers and implementing protocols on noise complaints, icing and emergency preparedness. We believe that these positive changes will make for a better project and thank those who have contributed their thoughts. We will now complete the other permits that will allow us to get under construction this spring, with completion of the plant scheduled for late fall."

Canadian Hydro Developers, Inc. is committed to Building a Sustainable Future®. The Corporation is a developer, owner, and operator of 20 power generation facilities totaling net 364 MW in operation and has an additional 471 MW in and nearing construction. The renewable generation portfolio is diversified across three technologies (water, wind, and biomass) in the provinces of British Columbia, Alberta, Ontario and Quebec. This portfolio is unique in Canada as all facilities are certified, or slated for certification, under Environment Canada's EcoLogo(M) Program.

Common shares outstanding: 143,278,723

The Toronto Stock Exchange has neither reviewed nor approved this press release.

Contact Information