Canadian Hydro Developers, Inc.
Public
FateAcquired by TransAlta
Defunct2009
LocationCalgary, Alberta, Canada
Key peopleKent Brown, Chief Executive Officer
IndustryElectricity generation
Num employees150 (2009)[1]
Revenue63 million USD (2007)[1]
Net income8 million USD (2007)[1]
ProductsElectricity
Websitewww.canhydro.com

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.

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

All facilities are owned by Canadian Hydro Developers.

NameLocationFuelUnits net capacity (Date)Capacity (net MW)Link
AkolkolexRevelstoke, British ColumbiaHydro
  • (1995)
AppletonAppleton, OntarioHydro
  • Run-of-river (1994)
Belly RiverGlenwood, AlbertaHydro
  • Run-of-river (1991)
Cowley NorthPincher Creek, AlbertaWind power
  • 15 Nordex N60 1.3 MW turbines (2001)
19.5 MW
Cowley RidgePincher Creek, AlbertaWind power
  • 52 Kenetech 33M-VS (360 kW) (1999)
  • 5 Kenetech 33M-VS (375 kW) (2000)
21.4 MW
GalettaGaletta, OntarioHydro
  • (1907)
Grande PrairieGrande Prairie, AlbertaBiomass
  • (2003)
25 MW
Melancthon IShelburne, OntarioWind power67.5 MW
Melancthon IIShelburne, OntarioWind power
  • 88 GE 1.5 MW turbines (October 30, 2008)
132 MW
MisemaCobalt, OntarioHydro
  • 2.3 MW (2003)
Moose RapidsSudbury, OntarioHydro
  • Run-of-river (1997)
PingstonRevelstoke, British ColumbiaHydro
  • Two turbines (2003)
  • One turbine (2004)
45MW
Ragged ChuteCobalt, OntarioHydro
  • Run-of-river (1991)
Sinnott Wind PlantPincher Creek, AlbertaWind power
  • 5 Nordex N60 1.3 MW turbines (2001)
6.5 MW
St. MarySt. Mary, AlbertaHydro
  • Run-of-river
TaylorMagrath, AlbertaHydro
  • Run-of-river
Taylor Wind PlantMagrath, AlbertaWind power
  • 9 Kennetech 375 kW turbines (2004)
3.4 MW
Upper MamquamSquamish, British ColumbiaHydro
  • operational in 2005
25 MW
Wolfe Island Wind ProjectWolfe Island, OntarioWind power
  • 86 Siemens 2.3 MW turbines (2005)
197.8 MW
WatertonWaterton, AlbertaHydro
  • Run-of-river (1992)
SoderglenSoderglen, AlbertaWind power
  • 47x GE 1.5 MW [5]

(From GWP Merger - Feb/Mar 2007)

70.5 MW

References

  1. ^ "Company Profile for Canadian Hydro Developers Inc (CA;KHD)". Retrieved 2008-10-07.
  2. ^ "Vector Wind Energy - Home Page". Archived from the original on 2007-05-29. Retrieved 2007-05-02.
  3. ^ "Archived copy". Archived from the original on 2006-10-17. Retrieved 2007-05-02.
  4. ^ "Yahoo Finance - Stock Market Live, Quotes, Business & Finance News"
  5. ^ "Installed Capacity - Canadian Wind Energy Association"