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Strathmore Solar begins commercial operation, The Canadian Business Journal

Edmonton, Alberta, March 23, 2022 (GLOBE NEWSWIRE) — The first Canadian solar facility of the Capital Power Corporation (TSX: CPX) (“CapitalPower”) is currently in operation. The 41-megawatt (MW) Strathmore solar facility on 320 acres of leased industrial land owned by the town of Strathmore will be completed on time with 100% of the renewable energy associated with the renewable energy generated. Fully contracted. TELUS Communications based on a 25-year power purchase agreement. Capital Power is also proud to partner with Whispering Cedars Ranch to welcome their sheep to the site for sustainable land management.

Brian Verjo, President and Chief Executive Officer of Capital Power, said: “We are committed to empowering the sustainable future of people and the planet. This project represents a new step on the road to net carbon neutrality by 2050. Partnering with TELUS. We are pleased to be able to support their decarbonization goals. “

“At TELUS, a key element of our energy supply strategy is to move to the use of renewable energy,” said Scott Dutchack, TELUS’s Vice President of Corporate Real Estate, Sustainability and the Environment. “Capital Power’s Strathmore Solar facility is Alberta’s fourth electricity purchase agreement. Combining these renewable energy sources will enable us to achieve 100% of our business’s net carbon neutrality by 2030. Renewable Energy Investing in will make our business more sustainable and contribute to a more sustainable future for the planet and generations by powering our networks from cleaner energy sources. “

“Thanks to the highly competitive energy-only market, Alberta is Canada’s leader in new renewables, and the completion of Capital Power’s Strathmore Solar facility is another powerful step in that direction. Capital Power is an example. And partnering with Whispering Cedars Ranch to show how renewable energy and traditional industries can work together for a more sustainable energy future. ”– Hong.Dale Narry, Deputy Minister of Natural Gas and Electricity, Alberta State Government

Supporting the community

Capital Power is proud to contribute to the economic development of the community through the hiring, contracting and sourcing of local supplies. At peak times, the construction of the Strathmore Solar facility brought 146 workers to the scene. Capital Power’s “community first” focus goes beyond the construction of this facility. We are pleased to set up a local office in the town of Strassmore and continue to support local charitable initiatives and projects. He has contributed to the Strathmore High School Community Greenhouse Project and the Wheatland County Food Bank Society.

“Capital power has already had a positive impact on our community. The Strathmore Solar project has provided quality local work to help accelerate economic recovery. Impressed by our commitment to Strathmore. Thank you for having a strong new partner. ”– Strathmore Mayor Pat Fule

Local sheep set up to manage the land in a sustainable way

We look forward to raising 400-600 sheep from the Whispering Cedars Ranch and grazing at the Strathmore Solar Facility. This allows you to sustainably manage the land on your premises, reduce the risk of fire and help maintain your facility. This mutually beneficial opportunity maximizes the usefulness of solar sites by providing local farmers with additional land for their animals to graze, grow and prosper. At Capital Power, we promise to empower people and the planet’s sustainable future and are proud to partner with sustainability-focused farmers like Janna and Ryan Greir. Greir’s is dedicated to raising animals in an ethically and humane way and is enthusiastic about its responsibility for the environment.

“Solar has historically been considered a lost land, but for us it is an opportunity to access this land to produce food and fiber while supporting renewable energy.” – Janna and Ryan. Greir, Whispering Cedars Ranch

Celebrate in the community

Capital Power is excited to celebrate the completion of the Strathmore Solar facility with the local community and plans to hold a public event this summer, following COVID-19 considerations. Details will be available in the coming months.

About capital power

Capital Power (TSX: CPX) is a growth-oriented North American wholesale electricity producer with a strategic focus on sustainable energy, headquartered in Edmonton, Alberta. We build, own and operate high quality utility scale power generation facilities, including renewable energy and heat. It also invests in carbon recovery and utilization to reduce the impact of carbon and promises not to use coal in 2023. CapitalPower owns approximately 6,600 MW of power generation capacity at 26 facilities in North America. Advanced development projects include approximately 425 MW of renewable energy generation capacity owned in North Carolina and Alberta and 512 MW of incremental natural gas combined cycle capacity with repowering of Genesee 1 and 2 in Alberta. increase.

Please contact us for more information:

Public relations window to the media:
Catherine Peron
(780) 392-5335
kperron@capitalpower.com
Investor Public Relations:
Randy Mar
(780) 392-5305 or (866) 896-4636 (toll free)
Investor@capitalpower.com


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Strathmore Solar begins commercial operation, The Canadian Business Journal

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