Canadian Hydro Developers, Inc.

Canadian Hydro Developers, Inc.

February 17, 2009 16:27 ET

Canadian Hydro to Release 2008 Year End Results and Hold Conference Call on February 23, 2009

CALGARY, ALBERTA--(Marketwire - Feb. 17, 2009) - Canadian Hydro Developers, Inc. (Canadian Hydro or the Company) (TSX:KHD) today announced that it will release its December 31, 2008 year end and fourth quarter financial results on February 23, 2009 before market hours.

The Company will host a conference call and webcast at 8:30 a.m. Mountain Time (10:30 a.m. Eastern) on February 23, 2009. Management participants will be:

- John Keating, Chief Executive Officer;

- Kent Brown, Executive Vice President & Chief Financial Officer;

- Keith O'Regan, Executive Vice President & Chief Operating Officer; and

- Kathy Boutin, Vice President, Finance.

Participants calling from Canada or the United States should call toll-free: 1-866-782-8903. Callers from other locations may access the call at: 1-647-426-1845. For those who prefer to join by webcast, a link will be displayed on the home page of Canadian Hydro's website at Webcast participants may use the link to pre-register and ensure quicker access to the webcast on February 23.

If you are unable to participate during the live conference call, the call will also be available for replay via telephone for seven days after the conference call by calling 1-866-245-6755 or 1-416-915-1035. The replay passcode number is 938072. The transcript of the conference call will be archived on the investor page of Canadian Hydro's website.

About Canadian Hydro

Canadian Hydro is committed to Building a Sustainable Future®. The Company is the largest and most diversified developer, owner and operator of 20 renewable power generation facilities in Canada totaling net 496 MW of capacity in operation, 383 MW in and nearing construction and 1,632 MW in development. 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: 143,661,223

Advisory Respecting Forward-Looking Statements:

Certain statements contained in this press release, constitute forward-looking statements. These statements relate to future events or our future performance. All statements other than statements of historical fact may be forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "plan", "continue", "estimate", "expect, "may", "will", "project", "predict", "potential", "targeting", "intend", "could", "might", "should", "believe" and similar expressions. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements, including, but not limited to, changes in weather, water flows, reservoir levels on irrigation works, wind resources and Pool prices. We believe that the expectations reflected in those forward-looking statements are reasonable but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this press release should not be unduly relied upon. These statements speak only as of the date of the press release. We do not intend, and do not assume any obligation, to update these forward-looking statements.

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

Contact Information

  • Canadian Hydro Developers, Inc.
    Investor Relations
    Kathy Boutin, Vice President, Finance
    (403) 298-0256
    Canadian Hydro Developers, Inc.
    Media Relations
    Lindsey Moen, Communications Coordinator
    (403) 802-2099