| The Mount-Laurier Facility is a 2,725 kilowatt facility
located on the Rivière-du-Lièvre in the Town of Mont
Laurier, Québec. The site has been historically utilized
for the production of power and was refurbished in 1989. The rehabilitation
included extensive repairs to the civil works, rebuilding of all
three turbine/generators and replacement of all electrical and control
works.
The term of the power purchase agreements for Mont Laurier is 20
years from the commercial start-up date. The expiry date of the
purchase agreement expires in 2007. The agreement may be renewed
at the option of the producer for a period not exceeding the original
term upon terms imposed by Hydro-Québec.
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