HAWKEYE Energy Corporation

HAWKEYE Energy Corporation

September 16, 2008 15:01 ET

HAWKEYE Registers for BC Hydro's 2008 Clean Power Call (CPC)

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 12, 2008) - HAWKEYE Energy is pleased to announce that it has filed formal submission documents with BC Hydro registering the company for B.C. Hydro's 2008 Clean Power Call (CPC) which is also referred to as the Request for Proposal (RFP). HAWKEYE submitted Phase 1 of its 350 MW run-of-river GREEN ENERGY GRID™ portfolio into the (CPC) with a mandate to construct twelve (12) run-of-river projects totaling 180 megawatts (MWs) of renewable green energy and to construct a 120 kilometer transmission line. The twelve projects which are situated in the Toba Valley, Jervis Inlet and Powell River region are located on the southwest coast of British Columbia and can produce enough green hydroelectric power to service up to 67,181 British Columbia (BC) homes. HAWKEYE's Phase 1 (180 MW) green energy contribution brings the province of BC one step closer to its stated goal of being energy self-sufficient by 2016.

The company is now focused on preparing its bid designed to secure an Energy Purchase Agreement (EPA) from BC Hydro. The first step was to register for the CPC (done) and the final step is for HAWKEYE to submit its bid proposal to BC Hydro before the deadline date on November 25, 2008. Electricity Purchase Agreements (EPA's) from BC Hydro are expected to be awarded during April through June 2009.

HAWKEYE Energy Corporate Overview

HAWKEYE Energy is a rapidly developing "Green Energy" run-of-river (ROR) hydroelectric company that has ramped its generation capacity from 0 to 350 megawatts (MWs) in a one year period. Its projects, which are located in the Toba Valley, Jervis Inlet and Powell River regions along the southwest coast of British Columbia have the design capacity to generate enough energy to meet the annual needs for approximately 132,000 homes and offset approximately 1,047,600 tonnes of CO2 emissions per year which is the equivalent of taking 194,000 passenger vehicles off the road. HAWKEYE Energy owns an undivided 100% interest in thirty-four (34) developmental run-of-river projects which is one of the largest energy portfolios in the province of BC. Its energy portfolio forms the GREEN ENERGY GRID™. HAWKEYE's projects will assist British Columbia to meet its goal of becoming energy self sufficient by 2016 and play a major role in helping our planet fight climate change.


Greg Neeld, President & CEO

Contact Information