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Article content TORONTO, June 01, 2021 (GLOBE NEWSWIRE) Instar Asset Management (“Instar” or “the Company”), today announced the sale of its 100% interest in Okanagan Wind, two wind power facilities totaling 30 megawatts of installed renewable energy in the Okanagan region of British Columbia, to Canadian Power Holdings (“Canadian Power”), an Alberta-based firm with extensive experience managing energy generation in Canada. Financial terms were not disclosed. Beginning commercial operations in 2017, Okanagan Wind contributes 4.2% of British Columbia’s installed wind power capacity, helping to green the province’s energy grid through two 40-year electricity purchase agreements with BC Hydro. Over its investment period, Instar worked with local contractors to ensure safe operations, and collaborated with engineering firms to improve the production of the facilities. Today, the facilities generate approximately 100,000 megawatt hours of clean electricity annually, en

United statesUnited kingdomBritish columbiaGregoryj smithStephen simpsonAshley smithBc sustainable energy associationCanadian power holdingsBc hydroInstar asset managementOkanagan windInstar assetFirst nations backedCanadian powerFirst nationsAsset management