Canadian Hydro Sells More Green Power to The Fairmont Chateau Lake Louise

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FOR IMMEDIATE RELEASE

Canadian Hydro Sells More Green Power to The Fairmont Chateau Lake Louise

CANADA, ALBERTA, CALGARY, May. 2 -/E-Wire/-- Canadian Hydro Developers, Inc.(TSX:KHD) today announced it has entered into a new contract for the sale of EcoLogo(TM) certified green power with the Fairmont Chateau Lake Louise, one of the world's premier hotels, located in Banff National Park.

Under the new agreement, the Chateau will purchase 3,300,000 kilowatt hours per year for five years, or 40% of the hotel's power requirements, of certified low-impact, renewable green power from Canadian Hydro. This represents a 31% increase in green power over that purchased in 2001 by the Chateau from the Company, as well as a two year extension from the last contract. The use of green power by the Chateau will offset 3,300 tonnes per year of CO2 emissions that would have otherwise been created with conventional, coal-based power. The Chateau is the largest purchaser of green powerin Canada's National Parks.

"We are very pleased the Chateau has significantly increased their commitment to the environment by purchasing an impressive 40% of their power from low-impact, renewable energy," said John Keating, Chief Executive Officer of Canadian Hydro.

"The Chateau hopes to provide a powerful example of how one company can make a difference to the environment and provide leadership to other consumers of power," said David Huggill, Environmental Systems Manager of Chateau Lake Louise.

Canadian Hydro is a developer, owner and operator of thirteen generating facilities: nine "run of river" hydroelectric plants, three wind plants and one natural gas-fired plant, totalling 88.9 MW net to the Company's interest. In addition, the Pingston Hydroelectric Plant (15 MW net) is currently under construction and approximately 223 MW are in various stages of permitting for construction in the nextfive years. All of the Company's plants and projects are located in British Columbia, Alberta, and Ontario. All of Canadian Hydro's wind and water plants are certified under the EcoLogo(TM) program.

Canadian Hydro is committed to the concept of low-impact power generation. Through its wind, run-of-river hydro and biomass facilities, Canadian Hydro is demonstrating that commitment to the benefit of the environment and its shareholders.

Canadian Hydro Developers, Inc.

Phone: (403) 298-0251,

Email: [REDACTED-EMAIL],

Phone: (403) 298-0253,

Email: [REDACTED-EMAIL]

http://www.canhydro.com

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