09:46 AM EST - Plutonic Power Corp. : announced that it has joined with GE Energy Financial Services, a unit of General Electric Co. to purchase and resume construction of the 300-megawatt Dokie Wind Project, British Columbia's largest wind farm. GE and Plutonic jointly contributed $52.5 million to purchase the fully permitted project located 1,100 kilometres northeast of Vancouver from EarthFirst Canada Inc. The companies have formed a partnership through which they will construct and operate the project's first phase, which will have the capacity to generate 144 MW and is expected to reach commercial operation by early 2011. Construction is scheduled to ramp up next month, with most of the work commencing in the spring. Plutonic Power Corp.
shares T.PCC are trading up $0.02 at $2.79.
