Akolkolex is a run-of-river hydroelectric facility with installed capacity of 10 MW, located on the Akolkolex River, south of Revelstoke, British Columbia. This wholly-owned facility utilizes two horizontal Chongqing Francis turbines on a common shaft with a single Chongqing generator. This facility began commercial operations in April 1995. Generation from this facility is sold to BC Hydro under a PPA that terminates in 2015. Management believes that the estimated annual gross generation from the facility will be approximately 45 GWh. Preliminary discussions with BC Hydro have begun on a new PPA for Akolkolex that would commence upon expiry of the existing PPA.