Company Profile

Columbia Energy Partners (CEP) began work in the renewable energy field in 2001, initially as a regional joint venture partner with a large European company. When that company left the U.S. market in 2002, CEP continued its development activiites. Working with consultants and partners who were leaders in their respective fields, CEP completed its first major project in Arlington, Oregon and put a number of other projects in its pipeline. The Confederated Tribes of the Umatilla Indian Reservation (CTUIR) were CEP's minority-interest partners in the project.

In December 2006, CEP sold its 200 MW Arlington, Oregon project to Horizon Wind Energy. Horizon plans to construct the project in 2008.

Assets in the Arlington project sale included:

• 14,000 acres of property under long term lease;
• 10 acre substation in fee simple;
• 200 MW of firm transmission rights on the Bonneville Power Administration transmission system, allowing power sales to premium California markets;
• Land use permits, FAA permits and beam path sudies;
• NEPA (federal land use) permits to interconnect to the federal power grid;
• Five years of on-site wind data and analysis;
• Four season avian, bat and plant studies;
• Agreements for enhanced state and local tax incentives.

For 2008, CEP has expanded its team to ramp up development of its wind project pipeline and add other renewable energy and related project development to its portfolio. Key individuals with decades of experience in energy trading and transmission as well as legal and financial structures for renewable energy projects have joined CEP on a full-time basis. A strong financial arrangement with a leading renewables-financing institution helped facilitate the company's growth and is a source of strength for the company's projects.

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