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 selected as one of Alberta’s Top Employers for the sixth year in a row
Capital Power has been recognized as one of 70 companies honoured as Alberta’s Top Employers for 2021, marking a sixth consecutive year of recognition from Canada’s Top 100 Employers for our employ...
Capital Power to release fourth quarter 2020 results and 2020 integrated annual report on February 19
Capital Power will release its fourth quarter and year-ended 2020 results, 2020 integrated annual report and third Climate Change Disclosure Report before the markets open on February 19, 2021.
Capital Power announces conversion results for its Preferred Shares (Series 1)
Capital Power announced today that after having taken into account all Election Notices following the December 16, 2020 conversion deadline, in respect of the Cumulative Rate Reset Preference Share...