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 to release third quarter 2021 financial results and hold analyst conference call on October 27
Capital Power will release its third quarter 2021 results before the markets open on October 27, 2021. Management will host a conference call with analysts on the same day at 9:00 a.m. MDT (11:00 a...
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, ...