EDF Renewables and Huron-Wendat Nation Conclude Business Agreement for Rivière-du-Moulin Wind Farm

Wendake, (Quebec), Feb. 27, 2014: EDF Renewables Inc. and Huron-Wendat Nation today signed an agreement concerning the installation of the Rivière-du-Moulin wind project on a territory of interest for the Huron-Wendat Nation.

This agreement establishes a framework for the Huron-Wendat Nation and EDF Renewables Rivière-du-Moulin L.P. business relation and seeks to ensure economic benefits for both parties.

“Implementing this agreement will generate substantial economic and material improvements for all members of the Huron-Wendat Nation and for future generations who will enjoy tangible benefits from this project,” stated Grand Chief Konrad Sioui of the Huron-Wendat Nation. “The agreement also provides the Nation with the opportunity to invest financially in the project.”

Grand Chief Sioui added, “This long-term agreement is the culmination of a thorough negotiation process which was held in a respectful atmosphere regarding the rights and objectives of our Nation and those of the project developer. We are satisfied with the conclusion of this agreement.”

Alex Couture, Director, Project Development for EDF Renewables commented, “Throughout the negotiations, it was clear that Nation leaders were interested in being a partner in the creation of this new wind energy project. This is precisely why we are able to reach an agreement to the mutual benefit of both parties.”

Al Kurzenhauser, Chief Operating Officer of EDF Renewables also commented that this relationship is based upon mutual respect and trust. “I am looking forward to a long and beneficial future and my compliments to Mr. Konrad Sioui and Mr. Jean Vincent, Grand Chief and Vice-Grand Chief of the Huron-Wendat Nation, and Mr. Alex Couture for creating a vision of success and seeing it through.”

The Rivière-du-Moulin wind project will consist of a total of 175 wind turbines for an overall installed capacity of 350 MW, making it the largest wind farm in Canada under a single Power Purchase Agreement.

A first phase of 150 MW will be commissioned in December 2014, followed by a second phase of 200 MW in December 2015.

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