TORONTO, ONTARIO--(Marketwire - Dec. 21, 2010) - First Asset PowerGen Fund (TSX:PGT.UN) (the "Fund"), Sprott Power Corp. ("Sprott Power") and its community partners, the Municipality of Saint-Philemon and the Region of Bellechasse, announced today that they have been awarded a renewable power purchase agreement ("PPA") with Hydro Quebec Distribution under the A/O 2009-02 community tender program. The PPA is for 24 MW of wind power using Enercon wind turbine generator technology and is to be commissioned before December 1, 2014.