Worth noting:From the MD and A, just some info on some of the projects they're working on, since they never update us...
Wind Farm Projects
In 2002, Sea Breeze Energy Inc. (“SBE”, a wholly owned subsidiary of Sea Breeze Power Corp.) became
the first private entity within British Columbia to identify and act upon wind power generation as a
business opportunity. It was the first renewable energy company to apply for provincial lands for the
investigation of wind potential, and the first company to be granted environmental approvals for the
construction of a wind farm facility in British Columbia. Sea Breeze Energy currently holds 30 investigative
use permits for wind farms on approximately 200,000 hectares of land in British Columbia. These
properties are in various stages of development and are in the following areas:
• Twelve properties on northern Vancouver Island.
• Twelve properties on the Central Coast.
• Five properties in the Peace region.
• One property in the Okanagan region.
There is one investigative use permit application presently with the Ministry of Agriculture and Lands
office for the Okanagan region.
Knob Hill is a proposed wind energy project on northern Vancouver Island with a permitted area of over
4,400 hectares (approximately 10,900 acres). The site has received environmental approvals that cover
up to a maximum installed capacity of 450 MW. Eight meteorological towers are in operation onsite, and
wind-modeling simulations have been conducted. Interconnection studies have also been conducted for
the adjoining Georgie Lake Transmission Line.
The Knob Hill project was offered a 20 year “Electricity Purchase Agreement” (“EPA”) from British
Columbia Hydro and Power Authority on April 2, 2010. The EPA was executed by SBE and a bid security
has been submitted to BC Hydro in the form of a Letter of Credit. On July 23, SBE signed an agreement
with Independent Power Canada to further develop Phase 1 of the Knob Hill Wind Farm project.
Hydroelectric Projects
The Cascade Heritage Power Project has been re-designed as a modern, low impact, 25 MW run-of-river
hydroelectric facility suitable to the geography of the Cascade Falls site. Permit approval for the
development was received on August 4, 2006.
The Cascade project was unsuccessfully in its submission in the latest BC Hydro Call for Clean Power.
However, the Company is still optimistic that the project is viable for future development with a suitable
partner. The Company continues to keep the Cascade project permits and licences in good standing.