TransCanada Files Kibby Wind Power Project Application with the Maine Land Use Regulation Commission

AUGUSTA, Maine – January 9, 2007 – TransCanada Corporation (TransCanada) has filed an application with the Maine Land Use Regulation Commission (LURC) for a zoning change and development permit for its Kibby Wind Power Project.  The proposed wind energy facility, sited on portions of Kibby Mountain and Kibby Range in Franklin County, would provide approximately 132 megawatts (MW) of wind-generated electricity to customers in Maine and New England.

TransCanada selected the site after carefully balancing wind resource, transmission access and environmental considerations.  The company has spent 18 months studying the environmental and engineering characteristics of the project and communicating with local communities, state agencies and stakeholders.  These studies confirm that the site is one of the premier wind energy resources in New England. 

The construction of 44, three-megawatt turbines and the associated infrastructure is expected to cost approximately US$270 million and employ up to 250 people for 12 to 18 months during the construction period.  Operation and maintenance of the facility would employ approximately 10 to 12 people on a permanent basis. 

If approved by LURC, the Kibby Wind Power Project will support Maine’s energy-related goals of increased energy independence and greenhouse gas reduction, help stabilize electricity costs and reduce reliance on fossil fuel generated electricity.  The completed project would also make the company one of the largest taxpayers in Franklin County’s unorganized territory and a significant contributor to nearby communities.

Once the necessary permits are in place, TransCanada expects to begin construction late in 2007.  A portion of the project may be operational late in 2008, with the remaining portions of the project operational in 2009.

To obtain more information, please visit Kibby Wind Power Project

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TransCanada Corporation
TransCanada is a leader in the responsible development and reliable operation of North American energy infrastructure. TransCanada’s network of more than 42,000 kilometres (26,000 miles) of pipeline transports the majority of Western Canada’s natural gas production to key Canadian and U.S. markets. A growing independent power producer, TransCanada owns, or has interests in, approximately 7,700 megawatts of power generation in Canada and the United States. TransCanada’s common shares trade on the Toronto and New York stock exchanges under the symbol TRP.

 

Media Inquiries:
TransCanada
Jennifer Varey/Shela Shapiro
(403) 920-7859 or Toll Free (800) 608-7859

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