Solar farm property acquired by Pacific Blue Energy Corp.

April 8, 2010

Source: Pacific Blue Energy

Pacific Blue Energy Corp. (PBEC) said that it has acquired 100% of the membership interests in Ship Ahoy, LLC, an Arizona limited liability company. Ship Ahoy owns approximately 154.3 acres of land located 30 miles east of Flagstaff, Arizona, in Coconino County.

George M. Buckingham, the previous owner of Ship Ahoy, and PBEC have begun the process of responding to a request for proposal to develop a solar energy project referred to as the "Sunshine Solar Project" to be developed on the property. Mr. Buckingham will continue to assist PBEC in the development and submissions of the proposal for the Project to the public utility service provider known as Arizona Public Service (APS).

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