Enersource Corporation

Enersource Corporation

July 11, 2008 17:19 ET

Enersource Corporation: Sustainable Energy Blooms in the Region of Peel

Enersource Corporation and Region of Peel Partner on Solar Flairs™ Technology

MISSISSAUGA, ONTARIO--(Marketwire - July 11, 2008) - The Region of Peel, in partnership with Enersource Hydro Mississauga, unveiled nature-inspired photovoltaic (PV) Solar Flairs™ technology this week at the Clarkson Wastewater Treatment Facility. Crystalline PV technology, based on solar cells, converts sunlight into clean, renewable electricity. In addition to enhancing the surrounding landscape along the lakeshore with its unique sunflower design, the nine pole-mounted structures are the first model of its kind to be installed in Canada.

"This is a great example of how local businesses and municipalities are motivated to work together to find innovative and collaborative methods to meet future energy needs," said Regional Councillor Pat Mullin. "This type of initiative sends a positive message that we can all make a difference by doing our part to conserve energy in small and large ways."

"As the first of its kind in Canada, this solar project was an ideal opportunity for Enersource and the Region to demonstrate leadership," said Craig Fleming President and CEO of Enersource Corporation. "Our goal in contributing half of the investment in this project was two-fold. These Solar Flairs™ will not only produce clean energy, but they will serve as an attraction that we hope will inspire the public to study renewable energy alternatives along with conservation strategies to ultimately reduce their carbon footprint."

Adjacent to the Solar Flairs™ project and expected to open in late 2009, the Clarkson Community Recycling Centre will feature a 'green roof' and teaching garden. Currently in the planning stages, the nearby City of Mississauga's Lakeside Sustainability Park will also include demonstration areas for green technologies.

"This project signals the beginning of many clean energy initiatives on the horizon," said Steve Hall, Director of Corporate Energy Management at the Region of Peel. "Through investments in renewable, clean energy technology and community partnerships with energy conservation conscious organizations such as Enersource, the Region is demonstrating an active commitment to doing our part for the environment."

The project was also made possible thanks to key contributions from partners such as Ontario Electrical Construction Company Limited, Ontario Clean Water Agency, MCW Custom Energy Solutions, Conergy Canada and Lake Michigan Wind & Sun.

NOTE: Backgrounders and photos available on request.

About Enersource:

Over 3 years Enersource Hydro Mississauga has invested in excess of $10 million in conservation programs with generated electricity savings equivalent to powering 8,200 homes for a year. Enersource Corporation, parent company of Enersource Hydro Mississauga, is a diversified energy and technologies company focusing on quality of service with the distribution of electricity, delivery of electricity conservation programs and smart metering solutions to meet government objectives and non-regulated services related to the energy sector. The Corporation is 90% owned by the city of Mississauga, and 10% owned by BPC Energy Corporation (Borealis), a subsidiary of the Ontario Municipal Employees Retirement System. To learn more about the Enersource Corporation and its various conservation initiatives, please visit www.enersource.com.

About the Region of Peel

In the spring of 2007, Regional Council endorsed the Region's Energy Management Plan, a long-term vision for how Peel purchases, consumes and manages its energy use. In the past four years, the Region of Peel has reduced $14.6 million from its energy costs through conservation measures, reviewing all energy costs and bills, and exercising cost avoidance measures in how it purchases its energy commodities. The Regional Municipality of Peel was incorporated in 1974 on the principle that certain community and infrastructure services are most cost-effectively administered over a larger geographic area. The Region of Peel serves more than one million residents in the Cities of Mississauga and Brampton and the Town of Caledon. For more information on the Region of Peel, please call 905-791-7800, or visit www.peelregion.ca.

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