MAJOR WIND POWER EXPANSION FOR SASKATCHEWAN

Released on September 8, 2003

Premier Lorne Calvert today announced plans to expand SaskPower's wind generation nearly ten fold through a joint venture with ATCO Power.

"Just over two years ago, we had no wind power in Saskatchewan," Premier Lorne Calvert said. "With today's expansion of up to 150 megawatts we will have enough green electricity to power 73,000 homes or almost all of the homes in Saskatoon."

"We are extremely pleased to be selected for this exciting venture. Wind power is becoming an important source of electricity and we look forward to working with SaskPower International in bringing additional green power to Saskatchewan," President and CEO, ATCO Group Nancy Southern said.

The SaskPower International/ATCO Power wind power development(s) could commence operations as early as 2004/2005 with all 150 MW operational by March 2007. Wind monitoring equipment has already been installed at several locations across the province to determine the best sites for wind power production.

Saskatchewan is currently the third largest wind power generator in Canada, with a combined capacity of 17.1 MW generated by two facilities, including SaskPower's wholly owned Cypress Wind Power Facility in southwestern Saskatchewan. Thanks to growing demand for GreenPower, the Cypress Facility will be expanded by approximately 5 MW by the end of 2003.

"Today's announcement is a major part of the Green Power Portfolio, which also includes the recent expansion of the Cypress Wind Power Facility, solicitation of small-scale Environmentally Preferred Power generation projects from the private sector, and community energy efficiency pilot projects which have already begun in Watrous and Lanigan," Minister Responsible for the Office of Energy Conservation Peter Prebble said, on behalf of Andrew Thomson, Minister Responsible for SaskPower.

SaskPower International Inc. is a wholly owned subsidiary of SaskPower and is the corporation's development arm. SaskPower operates three coal-fired power stations, seven hydroelectric stations, four natural gas stations, and nine wind turbines (Cypress Wind Power Facility) with aggregate generating capacity of 3,051 MW, and has 449 MW of contracted capacity (Meridian Cogeneration Station, Cory Cogeneration Station and Sunbridge Wind Power Project). SaskPower maintains more than 152,000 kilometers of power lines.

ATCO Power is part of the ATCO Group, an Alberta–based corporation belonging to a global organization of companies with over 6,000 employees involved with power generation, utilities, logistics and energy services, industrials and technologies. ATCO Power is a pre-eminent leader in the global development of environmentally friendly generation facilities, and owns or operates 5000 MW of electrical generation in Australia, the United Kingdom and Canada.

A backgrounder on the Green Power Portfolio is attached.

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For More Information, Contact:

Larry Christie SaskPower Regina Phone: (306)566-3167 Email: lchristie@saskpower.com Cell: (306)536-2886

John Jenkins ATCO Power Calgary Phone: (403)209-6942