Shear Wind Announces Agreements for Wind Turbines of Enercon Nova Scotia (Canada)

Shear Wind Inc. ("Shear Wind") (TSX VENTURE:SWX), announced that it has entered into an engineering, procurement and construction agreement ("EPC Agreement") with ENERCON Canada Inc. ("ENERCON") pursuant to which ENERCON will supply, install, erect and commission ENERCON E-82 2,300 kW wind energy turbines for Shear Wind’s 60 megawatt Glen Dhu wind farm in Nova Scotia (the "Glen Dhu Project") in Antigonish and Pictou counties.

Shear Wind and ENERCON concurrently entered into an agreement known as the "EPK Agreement" pursuant to which ENERCON will service and maintain the purchased wind turbines.

Founded in 2005, Shear Wind is headquartered in Halifax, Nova Scotia and is engaged in the exploration and development of renewable wind power properties in Canada.

Shear Wind is focused on building a strong company based on a secure and sustainable supply of clean wind energy. Shear Wind is committed to building shareholder value governed by environmental stewardship.