EPCOR Power L.P. announces Quarterly Distribution
EDMONTON, Alberta - September 14, 2006 - The Board of Directors of EPCOR Power Services Ltd., the general partner of EPCOR Power L.P. (TSX: EP.UN) (the Partnership), declared a cash distribution of $0.63 per limited partnership unit for the quarter ending September 30, 2006. The distribution is payable on October 30, 2006 to unitholders of record at the close of business on September 29, 2006.
This is the 37th consecutive distribution that has either met or exceeded previous distributions paid by the Partnership since its inception in mid-1997.
Established in 1997, EPCOR Power L.P. is a limited partnership organized under the laws of the Province of Ontario. The Partnership owns and operates a portfolio of 12 power generation assets in Canada and the United States with total net generating capacity of 869 megawatts. The Partnership's web-site is http://www.epcorpowerlp.ca/
FORWARD-LOOKING INFORMATION
Certain information in this news release is forward-looking and related to anticipated financial performance, events and strategies. When used in this context, words such as "will", "anticipate", "believe", "plan", "intend", "target" and "expect" or similar words suggest future outcomes. By their nature, such statements are subject to significant risks and uncertainties, which could cause the Partnership's actual results and experience to be materially different than the anticipated results. Such risks and uncertainties include, but are not limited to, the ability of the Partnership to successfully implement its strategic initiatives and whether such strategic initiatives will yield the expected benefits, the availability and price of energy commodities, plant availability, waste heat availability and water flows, regulatory and government decisions, competitive factors in the power industry, the current economic conditions in North America and the performance of contractors and suppliers.
Readers are cautioned not to place undue reliance on forward-looking statements as actual results could differ materially from the plans, expectations, estimates or intentions expressed in the forward-looking statements. Except as required by law, the Partnership disclaims any intention and assumes no obligation to update any forward-looking statement even if new information becomes available, as a result of future events or for any other reason.
For further information on the Partnership, visit http://www.epcorpowerlp.ca/ or contact:
Media Inquiries:
Jay Shukin - (250) 882-5188
Unitholder & Analyst Inquiries:
Randy Mah - (780) 412-4297
Toll free - (866) 896-4636