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Monday, June 07, 2010

Suncor Energy Receives Regulatory Approval to Develop Wintering Hills Wind Power Project

Suncor Energy Receives Regulatory Approval to Develop Wintering Hills Wind Power Project


CALGARY, ALBERTA--(Investorideas.com green news - June 7, 2010) - Suncor Energy Products Inc. today announced it has received regulatory approval from the Alberta Utilities Commission (AUC) to proceed with the development of its Wintering Hills Wind Power Project. The proposed 88 megawatt (MW) project, located approximately 125 kilometres (km) northeast of Calgary and 21 km southeast of Drumheller, Alberta, will consist of up to 55 1.6 MW turbines located on approximately 16,000 acres of privately-owned land.

"Today's announcement is a significant milestone that brings us one step closer towards the development of Suncor's largest operated wind project to date," said Jay Thornton, executive vice president, Energy Supply, Trading & Development. "The Wintering Hills project not only complements Suncor's commitment to sustainable energy development, but also represents a key asset in the company's growing renewables portfolio."

At peak operation, the Wintering Hills project is expected to generate enough clean electricity to power approximately 35,000 Alberta homes, displacing the equivalent of approximately 200,000 tonnes of carbon dioxide per year.

Suncor Energy is a Canadian pioneer in wind power with joint ownership of four wind farms in operation and other projects in the planning stages. The existing four farms have a combined generating capacity of 147 MW and reduce carbon dioxide emissions by approximately 284,000 tonnes each year.

This news release contains forward-looking statements identified by the words "expected", "will", "planned" and similar expressions that address expectations or projections about the future. Forward-looking statements are based on Suncor's current goals, expectations, estimates, projections and assumptions made in light of its experiences and the risks, uncertainties and other factors related to its business. Uncertainties in the estimate process and impact of future events may cause actual results to differ, in some cases materially, from our estimates. Readers are cautioned that actual results could differ materially from those expressed or implied as a result of changes to Suncor's plans and the impact of events, risks and uncertainties discussed in Suncor's current annual information form/form 40-F, annual and quarterly reports to shareholders and other documents filed with Canadian securities commissions at www.sedar.com and the United States Securities and Exchange Commission (SEC) at www.sec.gov.

Suncor Energy Products Inc. is a wholly owned subsidiary of Suncor Energy Inc. Suncor Energy Inc. is Canada's premier integrated energy company. Suncor's operations include oil sands development and upgrading, conventional and offshore oil and gas production, petroleum refining, and product marketing under the Petro-Canada brand. While working to responsibly develop petroleum resources, Suncor is also developing a growing renewable energy portfolio. Suncor's common shares (symbol: SU) are listed on the Toronto and New York stock exchanges.



For more information, please contact

Suncor Energy Inc.
Media inquiries:
403-920-8332
www.suncor.com


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