PPM Explores Canadian Wind Market.PORTLAND, Ore. -- PPM Energy, ScottishPower's (NYSE NYSE See: New York Stock Exchange : SPI (1) (Stateful Packet Inspection) See stateful inspection. (2) (Service Provider Interface) The programming interface for developing Windows drivers under WOSA. ) competitive U.S. energy business, today announced its intention to expand its wind development activities to Canada through its affiliate PPM Energy Canada. "We have enjoyed great success to date from our gas storage operations in Alberta," said Terry Hudgens, PPM Energy CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "We want to build on this success and leverage our impressive track record of wind development and operations from the US into the Canadian market." PPM Energy Canada's objective is to build a development portfolio and convert this to operational assets. PPM Energy's initial focus will be on the provinces of Ontario, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography and possibly Quebec. PPM sees this as a natural extension of its successful wind business, bringing its industry leading wind development skills and customer focus to Canada where renewable energy is gaining momentum among Canada's utility companies. About PPM Energy PPM Energy (PPM), the U.S. competitive subsidiary of ScottishPower (NYSE: SPI), now has nearly 2000 megawatts of wind energy in operation or under construction. The strength of its renewable project pipeline has allowed the company to increase its 2010 target by more than 50 percent to at least 3,500 megawatts developed or controlled by PPM. PPM balances its supply portfolio with sales to wholesale customers, placing almost all of its output in long-term contracts. Major customers include the cities of Seattle, Sacramento, Eugene, Pasadena, and Anaheim as well as investor-owned utilities such as Xcel Energy and Pacific Gas & Electric Company and the federal Bonneville Power Administration The Bonneville Power Administration (BPA) is a U.S. self-financed federal agency which transmits and sells wholesale electricity in Washington, Oregon, Idaho, and western Montana. The BPA is part of the U.S. Department of Energy, and is headquartered in Portland, Oregon. . PPM also creates innovative new products to meet customer needs, such as operations and maintenance services and build-own transfers. About PPM Energy Canada PPM Energy Canada (PECL PECL PEAR (PHP Extension and Application Repository) Extended Code Language PECL Principles of European Contract Law PECL Positive Emitter Coupled Logic PECL Pseudo-Emitter Coupled Logic PECL Positive-Referenced Emitter Coupled Logic ) is an affiliate of PPM Energy and a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of ScottishPower (NYSE: SPI). PECL provides energy management products and services to wholesale customers in Canada. |
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