Joffre Cogeneration is a 480 MW natural gas-fired combined-cycle generation facility located at Nova Chemical Corporation’s petrochemical complex near Red Deer, Alberta. Commissioned in 2001, the facility operates as a merchant plant delivering power to the Alberta Electric System Operator and power, water and steam to the host NOVA Chemicals petrochemical production site. Joffre Cogeneration is owned by a joint venture that includes Capital Power, Heartland Generation Ltd.** and NOVA Chemicals, with respective interests of 40%, 40% and 20%.
*480 MW Facility – Jointly-owned with Heartland Generation Ltd. and Nova Chemicals Corporation **ATCO Power Canada Ltd was acquired by Heartland Generation Ltd. on Sept. 30, 2019
- Joffre Cogeneration is one of the largest facilities of its kind in Canada
- Facility provides Capital Power with a significant position as a mid-merit participant in the Alberta market
Capital Power announces long-term renewable power purchase agreement with Dow
Agreement for Whitla Wind capacity demonstrates how cross-industry collaboration contributes to a sustainable future
Capital Power announced today a 15-year renewable power purchase agreement with Dow Chemical Canada ULC, a subsidiary of Dow (NYSE: DOW), for 25 megawatts (MW) of capacity and the associated enviro...
Capital Power announces a 6.8% dividend increase for its common shares and declares dividends for its Preference shares
The Board of Directors for Capital Power declared a dividend of $0.5475 per share on the outstanding common shares for the quarter ending September 30, 2021. The dividend is payable on October 29, ...
Capital Power reports strong second quarter results, increases its 2021 financial guidance, and announces a 6.8% common share dividend increase
Capital Power today released financial results for the quarter ended June 30, 2021.