EDF Renewables and MD1 Wind LP Dedicate the Mont Rothery Wind Project

MURDOCHVILLE, Quebec (June 17, 2016): EDF Renewables Inc., a subsidiary of EDF Energies Nouvelles, and MD1 Wind LP, a limited partnership formed by a consortium of four affiliated entities of the Desjardins Group (“Desjardins”), including Desjardins Group Pension Plan, and Manulife Financial Corporation (“Manulife”), along with around 70 attendees, dedicated the 74 megawatt (MW) Mont Rothery Wind Project today.

Located on public lands in the MRC of Haute-Gaspésie and MRC of Côte-de-Gaspé, Mont-Rothery generates enough clean electricity to meet the needs of about 15,000 Quebec homes.

With an investment of close to $175 million, the project created more than 200 jobs during the peak construction phase, and around seven permanent operation and maintenance jobs.

Sebastien Proulx, Minister of Education, Family, Education, Recreation and Sports and Minister Responsible for the Gaspésie-Îles-de-la-Madeleine Region stated, “I am pleased to be here today with EDF Energies Nouvelles Canada and MD1 Wind to represent the Government of Québec for the investiture of the Mont Rothery wind farm. This project contributes to the economic prosperity of the region of Gaspésie. On account of our will to increase the use of renewable energy, we can rejoice to observe the dynamism of renewable projects such as the one in Murdochville.”

“Desjardins’ investments towards renewable energy in Quebec, as well as countrywide, is a long term commitment. They aren’t simply good business decisions, they are mainly contributions to the promotion of the economic growth of Quebec, and its region, in a domain that participates in the effort to reduce of carbon emissions,” commented Frédéric Angers, Head of Infrastructure at Desjardins.

Richard Lee, Managing Director of Project Finance and Infrastructure at Manulife, said, “Manulife is very pleased to be part of this strong group with EDF Renewables and Desjardins Group and being a part owner in this high quality renewable energy project. We view EDF Renewables’ capabilities as an operator to be of the highest calibre and our close relationship with Desjardins is valued by us. We are also excited that we continue to expand our investment footprint in Quebec as it fits our company’s long term view to continue to expand our presence in the Province.”

Alex Couture, Director Generation for EDF Renewables further added, “In addition to the $11 million of local economic impact generated by the project during construction, the two MRCs concerned by the project and the city of Murdochville will share a total contribution of over $ 4 million during the operational phase.”

The project consists of 37 wind turbines supplied by Senvion and made with regionally-manufactured blades, towers and converters. Construction of Mont Rothery commenced in October 2014 and reached commercial operation on December 1, 2015.

EDF Renewables’ operation and maintenance affiliate, EDF Renewable Services provides long-term operations and maintenance (O&M) services.

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