Canadian Hydro Developers, Inc. has announced that it anticipates the 132MW, Melancthon II Wind Project will be in-service by November 30, 2008 (previously - June 30, 2008), at a total expected capital cost of CAN$ 285 million (previously - CAN$ 275 million).
These changes are the result of the company's assessment of the impact on Melancthon II from the Ontario Municipal Board (OMB) hearings to approve amendments to the Official Plans and zoning bylaws in the Melancthon and Amaranth Townships. The new in-service date for Melancthon II has no impact on the company's 20 year Renewable Energy Supply II Contract with the Ontario Power Authority. On July 31, 2007, the OMB approved the Melancthon Township portion of Melancthon II. Since then, Canadian Hydro commenced site servicing and select construction in that Township, completing the installation of all 66 wind turbine foundations and expansion of the operations and maintenance building prior to the end of 2007. The company continues to await the final Order from the OMB approving the Amaranth Township portion of Melancthon II (22 wind turbines), and expects that such an order will be issued prior to construction re-commencing in the spring of 2008.
