DLC Clearlease.com Reports TransAlta Corporation (TSX:TA) (NYSE:TAC) today announced it will be expanding its wind portfolio in Quebec with $205 million 66-megawatt (MW) wind project.


Vancouver, B.C., Canada March 28, 2011 – Clearlease.com reports TransAlta Corporation (TSX:TA) (NYSE:TAC) today announced it will be expanding its wind portfolio in Quebec by moving ahead with construction of the 66-megawatt (MW) New Richmond wind project located on the Gaspe Peninsula. The cost of the project is estimated at about $205 million.

New Richmond is contracted under a long-term 20-year Power Purchase Agreement (PPA) with Hydro-Quebec Distribution. TransAlta is working with ENERCON for the supply and installation of 33 E82 wind turbines and construction of the associated infrastructure. Commercial operations are expected to commence in the fourth quarter of 2012.

“As a part of our wind growth strategy, the addition of the New Richmond project will increase our wind portfolio to 1,139 MW,” said Steve Snyder, President and CEO. “Building our presence in a key market such as Quebec is an important part of our goal to enhance shareholder value, as well as strengthen our position as the premier wind power generator in Canada.”

The decree for New Richmond was issued by the Quebec government this morning allowing TransAlta to begin pre-construction work in April. The decree also allows TransAlta to pursue the necessary certificates of approval from various provincial ministries.

“We appreciate the relationships we have built with the municipalities of New Richmond, St-Alphonse and Caplan, in which the wind turbines will be installed, and look forward to playing a part in the long-term sustainability of these communities,” said Snyder.

Once completed, the New Richmond wind facility will produce enough energy to power about 10,500 Quebec homes and is expected to generate about 100 jobs during the development and construction phases. TransAlta currently operates one wind facility in Quebec, the 99 MW Le Nordais wind facility, also located on the Gaspe Peninsula.

TransAlta is a power generation and wholesale marketing company focused on creating long-term shareholder value. TransAlta maintains a low-to-moderate risk profile by operating a highly contracted portfolio of assets in Canada, the United States and Australia. TransAlta’s focus is to efficiently operate our biomass, geothermal, wind, hydro, natural gas and coal facilities in order to provide our customers with a reliable, low-cost source of power. For 100 years, TransAlta has been a responsible operator and a proud contributor to the communities where we work and live. TransAlta is recognized for its leadership on sustainability by the Dow Jones Sustainability North America Index, the FTSE4Good Index and the Jantzi Social Index. TransAlta is Canada’s largest investor-owned renewable energy provider.

DLC Clearlease offers leasing which allows you to structure a financing program that addresses your key business issues, including: cash flow, budget, transaction, and cyclical fluctuations. For example, some heavy equipment operators request seasonal leases, which allow them to schedule their payments during their busiest months.

Furthermore, financing your equipment from DLC Clearlease guarantees an affordable plan to suit your business equipment needs with less out-of-pocket expenditures, spreading your payments across a manageable period of time. Reserve your capital for other expenses by leasing your equipment from us and save resources, time, value, and straight capital, too. A lease is not considered a long-term debt or liability, so it does not appear as debt on your financial statement, making you more attractive to traditional lenders when you need them.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About DLC Clearlease

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss

###DLC Clearlease.com Reports TransAlta Corporation (TSX:TA) (NYSE:TAC) today announced it will be expanding its wind portfolio in Quebec with $205 million 66-megawatt (MW) wind project.

Vancouver, B.C., Canada March 28, 2011 – Clearlease.com reports TransAlta Corporation (TSX:TA) (NYSE:TAC) today announced it will be expanding its wind portfolio in Quebec by moving ahead with construction of the 66-megawatt (MW) New Richmond wind project located on the Gaspe Peninsula. The cost of the project is estimated at about $205 million.

New Richmond is contracted under a long-term 20-year Power Purchase Agreement (PPA) with Hydro-Quebec Distribution. TransAlta is working with ENERCON for the supply and installation of 33 E82 wind turbines and construction of the associated infrastructure. Commercial operations are expected to commence in the fourth quarter of 2012.

“As a part of our wind growth strategy, the addition of the New Richmond project will increase our wind portfolio to 1,139 MW,” said Steve Snyder, President and CEO. “Building our presence in a key market such as Quebec is an important part of our goal to enhance shareholder value, as well as strengthen our position as the premier wind power generator in Canada.”

The decree for New Richmond was issued by the Quebec government this morning allowing TransAlta to begin pre-construction work in April. The decree also allows TransAlta to pursue the necessary certificates of approval from various provincial ministries.

“We appreciate the relationships we have built with the municipalities of New Richmond, St-Alphonse and Caplan, in which the wind turbines will be installed, and look forward to playing a part in the long-term sustainability of these communities,” said Snyder.

Once completed, the New Richmond wind facility will produce enough energy to power about 10,500 Quebec homes and is expected to generate about 100 jobs during the development and construction phases. TransAlta currently operates one wind facility in Quebec, the 99 MW Le Nordais wind facility, also located on the Gaspe Peninsula.

TransAlta is a power generation and wholesale marketing company focused on creating long-term shareholder value. TransAlta maintains a low-to-moderate risk profile by operating a highly contracted portfolio of assets in Canada, the United States and Australia. TransAlta’s focus is to efficiently operate our biomass, geothermal, wind, hydro, natural gas and coal facilities in order to provide our customers with a reliable, low-cost source of power. For 100 years, TransAlta has been a responsible operator and a proud contributor to the communities where we work and live. TransAlta is recognized for its leadership on sustainability by the Dow Jones Sustainability North America Index, the FTSE4Good Index and the Jantzi Social Index. TransAlta is Canada’s largest investor-owned renewable energy provider.

DLC Clearlease offers leasing which allows you to structure a financing program that addresses your key business issues, including: cash flow, budget, transaction, and cyclical fluctuations. For example, some heavy equipment operators request seasonal leases, which allow them to schedule their payments during their busiest months.

Furthermore, financing your equipment from DLC Clearlease guarantees an affordable plan to suit your business equipment needs with less out-of-pocket expenditures, spreading your payments across a manageable period of time. Reserve your capital for other expenses by leasing your equipment from us and save resources, time, value, and straight capital, too. A lease is not considered a long-term debt or liability, so it does not appear as debt on your financial statement, making you more attractive to traditional lenders when you need them.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About DLC Clearlease

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss

###
Vancouver, B.C., Canada March 28, 2011 – Clearlease.com reports TransAlta Corporation (TSX:TA) (NYSE:TAC) today announced it will be expanding its wind portfolio in Quebec by moving ahead with construction of the 66-megawatt (MW) New Richmond wind project located on the Gaspe Peninsula. The cost of the project is estimated at about $205 million.

New Richmond is contracted under a long-term 20-year Power Purchase Agreement (PPA) with Hydro-Quebec Distribution. TransAlta is working with ENERCON for the supply and installation of 33 E82 wind turbines and construction of the associated infrastructure. Commercial operations are expected to commence in the fourth quarter of 2012.

“As a part of our wind growth strategy, the addition of the New Richmond project will increase our wind portfolio to 1,139 MW,” said Steve Snyder, President and CEO. “Building our presence in a key market such as Quebec is an important part of our goal to enhance shareholder value, as well as strengthen our position as the premier wind power generator in Canada.”

The decree for New Richmond was issued by the Quebec government this morning allowing TransAlta to begin pre-construction work in April. The decree also allows TransAlta to pursue the necessary certificates of approval from various provincial ministries.

“We appreciate the relationships we have built with the municipalities of New Richmond, St-Alphonse and Caplan, in which the wind turbines will be installed, and look forward to playing a part in the long-term sustainability of these communities,” said Snyder.

Once completed, the New Richmond wind facility will produce enough energy to power about 10,500 Quebec homes and is expected to generate about 100 jobs during the development and construction phases. TransAlta currently operates one wind facility in Quebec, the 99 MW Le Nordais wind facility, also located on the Gaspe Peninsula.

TransAlta is a power generation and wholesale marketing company focused on creating long-term shareholder value. TransAlta maintains a low-to-moderate risk profile by operating a highly contracted portfolio of assets in Canada, the United States and Australia. TransAlta’s focus is to efficiently operate our biomass, geothermal, wind, hydro, natural gas and coal facilities in order to provide our customers with a reliable, low-cost source of power. For 100 years, TransAlta has been a responsible operator and a proud contributor to the communities where we work and live. TransAlta is recognized for its leadership on sustainability by the Dow Jones Sustainability North America Index, the FTSE4Good Index and the Jantzi Social Index. TransAlta is Canada’s largest investor-owned renewable energy provider.

DLC Clearlease offers leasing which allows you to structure a financing program that addresses your key business issues, including: cash flow, budget, transaction, and cyclical fluctuations. For example, some heavy equipment operators request seasonal leases, which allow them to schedule their payments during their busiest months.

Furthermore, financing your equipment from DLC Clearlease guarantees an affordable plan to suit your business equipment needs with less out-of-pocket expenditures, spreading your payments across a manageable period of time. Reserve your capital for other expenses by leasing your equipment from us and save resources, time, value, and straight capital, too. A lease is not considered a long-term debt or liability, so it does not appear as debt on your financial statement, making you more attractive to traditional lenders when you need them.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About DLC Clearlease

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss

###



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