EPCOR Power L.P. announces quarterly distribution
EDMONTON, Alberta - March 6, 2008 - 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 March 31, 2008. The distribution is payable on April 30, 2008 to unitholders of record at the close of business on March 31, 2008.
This is the 43rd 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's portfolio consists of 19 wholly-owned power generation assets located in Canada and the United States, a 50 per cent interest in a power generation asset in Washington State, and a 15.4 per cent interest in Primary Energy Recycling Holdings LLC (PERH). The Partnership's assets have a total net generating capacity of 1,287 megawatts and more than three million pounds per hour of thermal energy. PERH wholly owns four recycled energy assets in the United States with an aggregate generation capacity of 283 megawatts and nearly two million pounds per hour of thermal energy, and has a 50 per cent interest in a pulverized coal facility. EPCOR USA Ventures LLC, formerly Primary Energy Ventures LLC, a wholly-owned subsidiary of the Partnership, manages and operates these facilities for PERH. For more information on the Partnership, please visit: http://www.epcorpowerlp.ca/.
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