Transfer of kenetech Gaspe contracts confirmed

1 January 1997

Hydro Quebec has confirmed the transfer of power purchase contracts for 100 MW of wind projects planned for the gaspe Peninsula from Kenetech-Axor to the Le Nordais Group. The Axor Group has three partners: Micon of Denmark, Nichimen of Japan and 3Ci of Quebec. The project is currently undergoing environmental assessment hearings for site approval.