Acciona to supply 3 MW wind turbines to Prince Edward Island Energy Corp.

Acciona Windpower and Prince Edward Island Energy Corp. signed a turbine supply agreement for the Hermanville & Clear Springs Wind Project

West Branch, Iowa, September 5, 2012 — Acciona Windpower and Prince Edward Island Energy Corp. signed a turbine supply agreement for the Hermanville & Clear Springs Wind Project.

The turbine supply agreement is the first between the two companies and comes after a competitive request for proposals process undertaken by PEIEC, which included touring Acciona Windpower's manufacturing facilities in Spain and reviewing the company's experience and operational history.

The agreement includes the delivery of 10 Acciona Windpower AW3000/116 wind turbine generators each with a nameplate capacity of 3 MWs and a rotor diameter of 116-meters.

The wind turbines will be installed on steel towers as part of the Hermanville & Clear Springs Wind Project. Under the agreement, Acciona Windpower will also operate and maintain the turbines for the first 15 years of the project.

The Hermanville & Clear Springs Wind Project will be a 30-MW wind power project in eastern King's County that will enter into commercial operation in 2013. The project is in keeping with Prince Edward Island's established Energy Accord and its 10 Point Plan on Wind Energy.

The AW3000 design is based on the company's proven 1.5-MW model, but at twice the capacity is designed to create a greater return on investment, saving on additional foundations, access roads and balance of plant infrastructure that would otherwise be required of projects with smaller capacity turbines.

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