Finavera Wind Energy applies for environmental assessment certificate from British Columbia for its proposed 77-MW Wildmare, 47-MW Tumbler Ridge wind projects

VANCOUVER, British Columbia , April 4, 2011 (press release) – Finavera Wind Energy Inc. (‘Finavera Wind Energy’ or the ‘Company’) (TSX-V: FVR) is pleased to announce the British Columbia Environmental Assessment Office has formally accepted the Company’s applications for an environmental assessment certificate for the proposed 77 megawatt (MW) Wildmare and 47 MW Tumbler Ridge Wind Energy Projects on the basis that the applications contain the information prescribed by the Application Information Requirements. The Application review process for the two projects officially began on April 1, 2011. The Application Review stage must be completed in a maximum of 180 days. After the Review stage is complete, they will be considered by the Ministers for an Environmental Assessment certificate (maximum 45 days).

The commencement of the 180 Application Review stage on April 1, 2011 ensures the projects remain on schedule for their proposed financial close and commercial operation dates. The Application Review stage will include a public comment period and open houses in the local communities close to the project sites.

The Tumbler Ridge and Wildmare Wind Energy Project Environmental Assessment applications can be viewed at: www.eao.gov.bc.ca.

The Environmental Assessment Application for the Company’s 117 MW Meikle Wind Energy Project will be submitted to the EAO in the Spring of 2011, and the Application for the 60 MW Bullmoose Wind Energy Project is scheduled to enter the Environmental Assessment process the following year.

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