BAHAMAS RENEWABLE ENERGY CORPORATION LTD.

Schneider Power owns a controlling stake in the the Bahamas Renewable Energy Corporation Ltd. ("BREC"), a joint-venture between Nassau based WINSO Company Ltd. and Schneider Power Caribbean Inc., a wholly owned subsidiary of Toronto based Schneider Power Inc.

BREC is a developer, owner, and operator of 3 contemplated renewable power generation facilities totaling 30 MW, enough to power over 25,000 homes. The Renewable Generation Portfolio is diversified across two technologies (wind and solar) and three islands (New Providence, Abaco and Harbour Island).

Schneider Power, WINSO and BREC are committed to providing long-term energy security and reducing electricity costs in the Commonwealth of the Bahamas.

BREC is a combination of Bahamian entrepreneurship, backed by knowledge and experience of the Schneider family's 115 year history in renewable energy, since 1892.

For more information please visit BREC's website at www.BahamasREC.com