Appointment of new Director

21 December 2010

Pacific Hydro is pleased to advise the appointment of Mr Roger Gill as a Director of the Company.

Roger has 30 years of management, operations, construction and project development experience in the energy and water sectors with a particular focus on hydropower, water resource management, wind power and other renewable energy development.

Prior to establishing his independent consulting practice in late 2007, he was General Manager at Hydro Electric Commission, Executive General Manager at Hydro Tasmania and interim CEO of Tasmanian Railway Pty Ltd.

Roger is a well regarded hydro expert globally and has been a Vice President of the International Hydropower Association since 2001.

Pacific Hydro Chairman Garry Weaven said; “After a lengthy process conducted by an international search firm, we are delighted to appoint Roger to the Pacific Hydro board. His insight and experience will be of immediate and lasting benefit to our Board and to the Company as a whole.”

Roger joins at an exciting time for the company having recently unveiled La Higuera and La Confluencia run-of-river hydro power stations in Chile.

The projects, which represent a US$800m investment, are the largest by an Australian energy company in Chile and will add 310MW of clean energy capacity to the national grid while also contributing to avoiding up to 900,000 tonnes of CO2 going into the earth’s atmosphere every year – equivalent to taking more than 250,000 vehicles off the road.

These new clean energy power stations are jointly owned by Pacific Hydro and SN Power via their Tinguiririca Energia joint venture, and are expected to generate significant carbon credit revenues under the Kyoto Protocol’s Clean Development Mechanism.

In addition to its interests in Chile, Pacific Hydro owns and operates wind energy projects in Brazil, run of river hydro in the Philippines while in Australia it owns and operates six wind farms, the Ord hydro project and is exploring solar and geothermal opportunities.