TORONTO, Oct 05, 2005 /PRNewswire

 

Gale Force Energy, a Toronto-based wind farm developer, announced today that it has entered into a joint venture with California's Padoma Wind Power to develop more than 500 MW of wind energy projects across Canada.

"The principals of Padoma are the most experienced wind power development team in North America, and we are excited that they will be lending their development expertise to our projects," said Greg Coleman, CEO of Gale Force Energy.

The venture marks Padoma's first foray into Canada. "We have been actively studying the Canadian market for a number of years but have been unable, until now, to identify a suitable partner. GFE's disciplined approach to development, combined with the size and quality of their projects, made this an easy choice for us," said Jan Paulin, CEO of Padoma.

Under the terms of the joint venture agreement, Padoma will assist in the development and funding of 500 MW of GFE's wind farm projects, which range in size from 10 MW to 200 MW and are located in Ontario, Quebec, Manitoba and Atlantic Canada.

Gale Force Energy (www.GaleForceEnergy.com) is a privately-held wind farm developer with more than 2,000 MW of projects under development across Canada.

Padoma Wind Power (www.padoma.com) is a California-based wind farm developer whose principals have developed, financed, built and operated more than 40 wind farms in the United States and Europe.

SOURCE Gale Force Energy

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