PPM Hires Canadian Wind Expert to Expand Calgary Office
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March 13, 2007
PORTLAND, OR. — PPM Energy, ScottishPower's (NYSE: SPI) competitive U.S. energy business, today announced the hiring of Gerard Philpott as director of business development to lead PPM's development activities in Canada through its affiliate PPM Energy Canada. Gerard will be based in PPM's Calgary office to lead PPM's wind business expansion in Canada.
"Gerard Philpott is highly qualified and experienced in wind power strategic planning, deal structuring, project development, and permitting," said Jean Wilson, PPM's senior vice president of renewables. "We are very pleased he has joined the PPM team."
PPM Energy Canada sees opportunities across the country to build a development portfolio and convert this to operational assets. 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 due to the support of the federal and provincial governments and utilities.
About PPM Energy
PPM Energy (PPM), the U.S. competitive subsidiary of ScottishPower (NYSE: SPI), now has more than 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. PPM also creates innovative new products to meet customer needs, such as operations and maintenance services and build-to-sell options..
About PPM Energy Canada
PPM Energy Canada (PECL) is an affiliate of PPM Energy and a wholly owned subsidiary of ScottishPower (NYSE: SPI). PECL provides energy management products and services to wholesale customers in Canada.