Canadian Hydro Developers, Inc. was a Canadian company that operated 12 hydroelectric power sites, eight wind power sites and one biomass power site in Canada.
| Company type | Public |
|---|---|
| Industry | Electricity generation |
| Defunct | 2009 |
| Fate | Acquired by TransAlta |
| Headquarters | Calgary, Alberta, Canada |
Key people | Kent Brown, Chief Executive Officer |
| Products | Electricity |
| Revenue |  63 million USD (2007)[1] |
 8 million USD (2007)[1] | |
Number of employees | 150 (2009)[1] |
| Website | www.canhydro.com |
Canadian Hydro was founded by two brothers John and Ross Keating with Jack McCleary. In 1989 Canadian Hydro had secured $1.3 million in equity and a contract with TransAlta to build three small run-of-river facilities. Revenue from these plants were then used in part to finance the future plants.
In January 2005, the firm bought Canadian Renewable Energy Corporation (CREC).
In December 2006 the firm bought Vector Wind Energy[2] which has over 13 projects either built or in the process as of 2007.[3]
Announced in February 2007 (and finalized in March) the firm bought GW Power Corporation.[4]
In December 2009 TransAlta acquired Canadian Hydro Developers at $5.25 cash per share.
Generating facilities
editAll facilities are owned by Canadian Hydro Developers.
| Name | Location | Fuel | Units net capacity (Date) | Capacity (net MW) | Link |
|---|---|---|---|---|---|
| Akolkolex | Revelstoke, British Columbia | Hydro |
|
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| Appleton | Appleton, Ontario | Hydro |
|
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| Belly River | Glenwood, Alberta | Hydro |
|
||
| Cowley North | Pincher Creek, Alberta | Wind power |
|
19.5 MW | |
| Cowley Ridge | Pincher Creek, Alberta | Wind power |
|
21.4 MW | |
| Galetta | Galetta, Ontario | Hydro |
|
||
| Grande Prairie | Grande Prairie, Alberta | Biomass |
|
25 MW | |
| Melancthon I | Shelburne, Ontario | Wind power |
|
67.5 MW | |
| Melancthon II | Shelburne, Ontario | Wind power |
|
132 MW | |
| Misema | Cobalt, Ontario | Hydro |
|
||
| Moose Rapids | Sudbury, Ontario | Hydro |
|
||
| Pingston | Revelstoke, British Columbia | Hydro |
|
45MW | |
| Ragged Chute | Cobalt, Ontario | Hydro |
|
||
| Sinnott Wind Plant | Pincher Creek, Alberta | Wind power |
|
6.5 MW | |
| St. Mary | St. Mary, Alberta | Hydro |
|
||
| Taylor | Magrath, Alberta | Hydro |
|
||
| Taylor Wind Plant | Magrath, Alberta | Wind power |
|
3.4 MW | |
| Upper Mamquam | Squamish, British Columbia | Hydro |
|
25 MW | |
| Wolfe Island Wind Project | Wolfe Island, Ontario | Wind power |
|
197.8 MW | |
| Waterton | Waterton, Alberta | Hydro |
|
||
| Soderglen | Soderglen, Alberta | Wind power |
(From GWP Merger - Feb/Mar 2007) |
70.5 MW |
References
edit- ^ a b c "Company Profile for Canadian Hydro Developers Inc (CA;KHD)". Retrieved 2008-10-07.
- ^ "Vector Wind Energy - Home Page". Archived from the original on 2007-05-29. Retrieved 2007-05-02.
- ^ "Archived copy" (PDF). Archived from the original (PDF) on 2006-10-17. Retrieved 2007-05-02.
{{cite web}}: CS1 maint: archived copy as title (link) - ^ "Yahoo Finance - Stock Market Live, Quotes, Business & Finance News".
- ^ "Installed Capacity - Canadian Wind Energy Association".