Located on 15,000 acres of privately-owned lands across Ford and Clark Counties in Kansas, Bloom Wind is perfectly positioned to take advantage of one of the strongest wind regimes in the U.S. Capital Power operates Bloom Wind under a 10-year fixed price contract with Allianz Risk Transfer (ART), a subsidiary of Allianz SE, covering 100% of the project’s output. Under the terms of the contract, executed in 2016, Capital Power will swap the market revenue from the project’s generation for a fixed annual payment for the 10-year term. The agreement secures long-term predictable revenues and mitigates generation volume uncertainty related to wind resources.
- Consists of 54 Vestas V117 3.3 MW turbines, each with a hub height of 91.5 metres and rotor diameter of 117 metres
- Interconnection at 345 kV Clark County Substation
- Capable of generating enough electricity to power approximately 54,000 Kansas households with clean energy every year
- Recognized in March 2016 by IJGlobal infrastructure and project finance magazine as the North American Wind Deal of the Year for use of the innovative swap agreement
- In November 2016, Microsoft Corp. became the first buyer to participate in this structure, acquiring the environmental attributes connected to Bloom Wind from ART for a 10-year period
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 Bloom Wind:
- We employ one permanent employee and four contractor companies, including Vestas.
- We pay approximately $704,000 in property tax each year, contributing annually to community tax bases, supporting the improvement of infrastructure, roadways, and community services.
We give back where we live and work by supporting local organizations and our employees’ community participation through our corporate giving programs.
Recent community support includes:
- Kansas Food Bank Warehouse Inc
- Minneola Wellness Center
- Minneola After Prom
- Minneola Fire Department
- Ford County Fire & EMS
Taking advantage of the strong wind regime in southwestern Kansas, our Bloom Wind facility provides renewable energy for the local grid.
Powered by People: Why HR is an Enabler of Business Success
At Capital Power, we’re working to deliver responsible energy for tomorrow. It’s our mission to create dependable, cost-effective and future-ready electricity solutions. This is a major undertaking...
Media and government stakeholders get firsthand look at construction progress of Whitla Wind
As construction of the Whitla Wind project progresses, Capital Power hosted local media and government officials for a tour of the project site on August 15, 2019.
Construction Ramps Up at our Cardinal Point Wind Project
Construction of our Cardinal Point Wind Project is moving along on schedule. Crews are expected to increase to more than 250 workers as turbine components are delivered.
Beyond the Bottom Line – Why Investors are Valuing Sustainability
Kate Chisholm examines the impact of environmental, social, and governance (ESG) performance on a company’s bottom line as investors increasingly seek sustainable investment opportunities.
Capital Power to gain 100% ownership and control of Genesee Generating Station through divestiture of interest in Keephills 3
EDMONTON, Alberta – Capital Power Corporation (“Capital Power” or “the Company”) (TSX: CPX) announced today it has entered into an agreement to divest its 50% share of the Keephills 3 generation un...
2018 Corporate Sustainability Report
Our recently released 2018 Corporate Sustainability Report highlights our sustainability targets, performance, and commitment to delivering Responsible Energy for Tomorrow.
Capital Power reports solid second quarter 2019 results and announces a 7.3% dividend increase for its common shares
Company is on track to achieve results at the top end of annual financial target range
EDMONTON, Alberta – Capital Power Corporation (TSX: CPX) today released financial results for the quarter ended June 30, 2019.
Capital Power declares dividends for its Common and Preference shares and announces a 7.3% dividend increase for its common shares
EDMONTON, Alberta – The Board of Directors for Capital Power Corporation (TSX: CPX) (Capital Power) declared a dividend of $0.48 per share on the outstanding common shares for the quarter ending Se...
Capital Power announces retirement plans for Brian Vaasjo, President and Chief Executive Officer
Mr. Vaasjo intends to retire in 2020, will remain in his leadership position until a successor assumes the role EDMONTON, Alberta – Capital Power Corporation (TSX: CPX) (Capital Power or the Compa...
Capital Power celebrates 10 years of delivering responsible energy
EDMONTON, Alberta – Capital Power Corporation (TSX: CPX) celebrates its 10th anniversary, marking a decade of disciplined growth, sustainability and providing value to its shareholders. Over the...