Pacific Blue Energy Corp. Wind Project Part of Bid To Major Arizona Utility

PHOENIX, April 21 /PRNewswire-FirstCall/ - Pacific Blue Energy Corp. (OTCBB: PBEC), a publicly traded developer of renewable energy, today announced that Foresight Wind Energy, LLC, has submitted a bid to fulfill an APS Request for Proposal. APS, the largest subsidiary of Pinnacle West Capital Corporation (NYSE: PNW), has a renewable energy initiative which seeks to work with companies like Pacific Blue Energy Corp. to provide energy to homes and businesses in Arizona.

This announcement is a key development in Pacific Blue Energy Corp. due to the company's 52.5% economic interest in the Sunshine Wind Park, a 60 Megawatt project in Arizona that is being managed by Foresight Wind Energy. APS is expected to announce which bidders will receive notification for final selection on or around August 7, 2010. Successful bidders will be allowed to contract with APS to provide renewable energy to its utility users in Arizona.

"We believe that Sunshine Wind Park has an excellent chance of making the utilities final selection list," said Joel Franklin, the Chief Executive Officer of Pacific Blue Energy Corp.

Franklin noted that Foresight Wind Energy and APS have already completed a wind project in New Mexico in 2009, and have established a strong working relationship.

"This past success, we hope, will enhance the chances for this project to go forward," Franklin said. "If so, this will be yet another significant and positive step in the evolution of Pacific Blue Energy Corp.'s goal to become a leading provider of renewable energy here in Arizona and throughout the U.S."

About Pacific Blue Energy Corp.

Pacific Blue Energy Corp. (PBEC) is a publicly traded solar energy company that seeks to build and manage large renewable energy projects. PBEC's goal is to maximize shareholder value through select property acquisition, timely renewable energy facility construction and informed management of those projects. Headquartered in Arizona, one of the prime solar energy markets in the United States, PBEC is positioned to take advantage of technological advances that will drive the coming surge in the U.S. solar generated electricity market.

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SOURCE Pacific Blue Energy

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