Atlantic Power & Infrastructure Corp. (AWSL)

[warburg]

AWSL - Re Atlantic Wind and Solar's contracts.

I received an email from the OPA today. I had written them about some solar projects my family are working on, and asked them what contracts are next to be awarded.

This is their reply:.


Dear Mr. xxxxxx,

Thank you for submitting a FIT/MicroFIT Meeting Request Form. Please note that recently the OPA has awarded 40 new contracts for more than 872 megawatts (MW) of renewable energy under the FIT Program, following the completion of the second phase of the Transmission Availability Test (TAT) and the Distribution Availability Test (DAT). This process required a clear snapshot of the system at a certain point in time (which in this case is June 4, 2010) in order to maintain relative priority of the projects in the queue.

The OPA’s next step is to begin awarding phase three contracts for capacity allocation exempt (CAE) projects (under 500 kilowatts) that applied between June 5, 2010, and December 7, 2010. Unfortunately, numerous items, outside of the control of the OPA, have led to a delay in offering these CAE contracts.

We apologize for the delays and appreciate your patience.

Thank you,
The FIT Team

_________________________________________



The first paragraph is discussing large ground mount projects that were already awarded.

The second paragraph is discussing AWSL's CAE contracts, which, from the looks of this paragraph, are coming soon. NEXT !!!!