Located in British Columbia between Williams Lake and Kamloops, 150 Mile House Waste Heat is a 5 MW zero-emission waste heat facility. 150 Mile House operates under a 20-year Electricity Purchase agreement with BC Hydro, with the original terms expiring in 2028.
*Facility owned by Capital Power and operated by Enbridge.
- Capital Power acquired this facility and the Savona Waste Heat facility in 2017
- Facility situated alongside a Westcoast Energy BC Gas Pipeline compressor station
At Capital Power, we contribute to the communities in which we operate with the aim of building a sustainable future for all. We engage our neighbours, consider their interests and build real relationships. We aim to source supplies and services locally for our operations, as well as hire from the community. At 150 Mile House Waste Heat:
- We pay approximately $48,000 in property tax annually, contributing to community tax bases, supporting the improvement of infrastructure, roadways, and community services
Given Capital Power’s deep experience in operating thermal facilities and the ability to optimize value, the 150 Mile House and Savona Waste Heat facilities are an ideal addition to our fleet and an excellent strategic fit.
President and CEO
Funding Disciplined Growth to Build Shareholder Value
At a high level, our capital allocation strategy allows us to fund growth by taking 50% of our free cash flow over the long-term and provide that back to investors in the form of dividends, while u...
Capital Power announces $275 million medium term note offering
EDMONTON, Alberta – Capital Power Corporation (“Capital Power”) (TSX:CPX) announced today that it has priced a public offering in Canada of unsecured medium term notes in the aggregate principal am...
Capital Power to host annual Investor Day event
EDMONTON, Alberta – Capital Power (TSX: CPX) will be hosting its 11th annual Investor Day event in Toronto. Members of the executive leadership team will present on various topics including the exe...