Savona Waste Heat Facility is a 5 MW zero-emission waste heat facility, located in Savona, British Columbia and operated by Enbridge. The facility operates under a 20-year Electricity Purchase Agreement (EPA) with BC Hydro, with original terms expiring in 2028.
*Operated by Enbridge.
- Acquired along with 150 Mile House Waste Heat 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 Savona Waste Heat:
- We pay approximately $67,000 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
Capital Power reports voting results from the 2021 annual meeting of shareholders
EDMONTON, Alberta – The annual meeting of shareholders (annual meeting) for Capital Power Corporation (TSX: CPX) (Capital Power or the Company) was held on April 29, 2021 in Edmonton, Alberta.
Capital Power reports strong first quarter results and expects 2021 results to exceed annual financial guidance
Quarterly results confirm the robustness of the Alberta power market
EDMONTON, Alberta – Capital Power Corporation (TSX: CPX) today released financial results for the quarter ended March 31, 2021.
Capital Power declares dividends for its Common and Preference shares
EDMONTON, Alberta –The Board of Directors for Capital Power Corporation (TSX: CPX) (Capital Power) declared a dividend of $0.5125 per share on the outstanding common shares for the quarter ending J...