Mr. John Newman reports

NU E POWER RECEIVES APPROVAL TO CONSTRUCT 157 MWAC LETHBRIDGE TWO AND THREE SOLAR FACILITIES

NU E Power Corp. has received approval from the Alberta Utilities Commission to construct a combined 157-megawatt alternating current/188-megawatt defined condition solar facility in the county of Lethbridge. The approval was granted to Lethbridge Two Solar Corp. and Lethbridge Three Solar Corp., which are jointly owned between Low Carbon Canada Ltd. and NU E through their joint venture company, Low Carbon. Low Carbon and NU E are 50/50 partners in the joint venture.

These approvals are on the back of the completion of the Lethbridge One solar farm, which is fully operational and producing.

This project is situated on private land, approximately two kilometres south of the Lethbridge Airport. It is expected that the facility will generate 327,000 megawatt-hours of solar-powered electricity and 135,000 metric tonnes of carbon offset annually.

Community engagement was a key driver for this project, and the company held open houses and numerous consultations with affected stakeholders. Many concerns were addressed throughout this process, and the company continues to look forward to working with local residents, workers and the County of Lethbridge. The project involved a rigorous regulatory approval process, including environmental, noise and glare studies and its impact on the community, wildlife and important historical sites.

The project has been submitted to the Alberta Electric System Operator for interconnection approval to the Alberta electrical grid. The company anticipates connecting to the grid in mid- to late 2027.

About NU E Power Corp.

NU E is a green energy company focused on the developing, construction and operating of clean and renewable energy infrastructure across North America. The company has a partnership with Low Carbon Canada Solar Ltd., a subsidiary of the United Kingdom-based renewables major, Low Carbon Investment Management Ltd., to facilitate non-dilutive investment into the company with the goal of developing up to two gigawatts of renewable energy projects in Canada by 2030.

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