<%@LANGUAGE="JAVASCRIPT" CODEPAGE="1252"%> ENDLESS ENERGY JOINS WITH NATIONAL FIRM TO BUILD MAINE’S FIRST WIND FARM
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Redington Windfarm Project Moves Forward

Application filed today with Land Use Regulation Commission

YARMOUTH, ME – Maine Mountain Power, LLC – a new joint development company between Endless Energy Corporation and Edison Mission Group – announced today that it submitted an application to the Maine Land Use Regulation Commission (LURC) for approval to build the state’s first wind energy farm near Carrabassett Valley.

The proposal calls for the construction of 30 wind turbines on Redington Pond Range and Black Nubble Mountains about four miles west of Sugarloaf Mountain. The 90 megawatt wind farm will generate about 265 million kilowatt hours a year—enough to power 44,000 Maine homes.

Endless Energy of Yarmouth and Edison Mission Group (EMG), a subsidiary of California-based Edison International (www.edison.com), agreed to form Maine Mountain Power to develop and finance the project.

“This is a major milestone for us,” said Harley Lee, President of Endless Energy. “There is still a lot of work ahead but with Edison Mission Group’s expertise and resources we are one step closer to providing Maine with clean, renewable wind energy.”

Lee said the LURC application and its supporting studies demonstrate that the project has been designed to fit harmoniously into the naturally existing environment.

“Our goal is to ensure that there are no undue effects on existing uses, scenic character, and natural or historic resources in the area,” he said. “This project will provide critically needed renewable electricity through Central Maine Power’s existing transmission lines.”

Beth Nagusky, Maine’s Director of Energy Independence and Security, said recently that wind power could be part of the movement to greater development of renewable energy sources in Maine. “I think the planets are aligned for some significant wind projects in Maine,” Nagusky said.

Edison Mission Group invested in its first wind energy project in 1998. To date, EMG has acquired a portfolio of 316 megawatts of wind energy at nine projects in Iowa, Minnesota and New Mexico. The company also recently entered into a joint development agreement with Midwest Wind Energy of Chicago, and has a goal of building a wind power portfolio of up to 1,200 megawatts nationwide by 2009.

The lack of fuel diversity and dependence on fossil fuels is a growing concern in Maine and the rest of the country. Wind generation projects like the Redington Wind Farm will provide a sustainable alternative to fossil fuel generation and can decrease reliance on foreign supplies of energy while also reducing air pollution and greenhouse gas emissions.

For more information about the Redington Mountain Wind Farm go to www.endlessenergy.com.

 

 

 

Endless Energy Corporation
57 Ryder Road
Yarmouth, Maine 04096
voice: 207-847-9323
fax: 207-846-6081