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 which has over 13 projects either built or in the process as of 2007.
Announced in February 2007 (and finalized in March) the firm bought GW Power Corporation.
In December 2009 TransAlta acquired Canadian Hydro Developers at $5.25 cash per share.
Generating facilities All facilities are owned by Canadian Hydro Developers.
Name Location Fuel Units net capacity (Date) Capacity (net MW) Link Akolkolex Revelstoke, British Columbia Hydro(1995) Appleton Appleton, Ontario HydroRun-of-river (1994) Belly River Glenwood, Alberta HydroRun-of-river (1991) Cowley North Pincher Creek, Alberta Wind power15 Nordex N60 1.3 MW turbines (2001) 19.5 MW Cowley Ridge Pincher Creek, Alberta Wind power52 Kenetech 33M-VS (360 kW) (1999) 5 Kenetech 33M-VS (375 kW) (2000) 21.4 MW Galetta Galetta, Ontario Hydro(1907) Grande Prairie Grande Prairie, Alberta Biomass (2003) 25 MW Melancthon I Shelburne, Ontario Wind power 45 GE 1.5 MW wind turbines (2006) 67.5 MW Melancthon II Shelburne, Ontario Wind power 88 GE 1.5 MW turbines (October 30, 2008) 132 MW Misema Cobalt, Ontario Hydro2.3 MW (2003) Moose Rapids Sudbury, Ontario HydroRun-of-river (1997) Pingston Revelstoke, British Columbia HydroTwo turbines (2003) One turbine (2004) 45MW Ragged Chute Cobalt, Ontario HydroRun-of-river (1991) Sinnott Wind Plant Pincher Creek, Alberta Wind power5 Nordex N60 1.3 MW turbines (2001) 6.5 MW St. Mary St. Mary, Alberta HydroRun-of-river Taylor Magrath, Alberta HydroRun-of-river Taylor Wind Plant Magrath, Alberta Wind power9 Kennetech 375 kW turbines (2004) 3.4 MW Upper Mamquam Squamish, British Columbia Hydrooperational in 2005 25 MW Wolfe Island Wind Project Wolfe Island, Ontario Wind power 86 Siemens 2.3 MW turbines (2005) 197.8 MW Waterton Waterton, Alberta HydroRun-of-river (1992) Soderglen Soderglen, Alberta Wind power 47x GE 1.5 MW (From GWP Merger - Feb/Mar 2007) 70.5 MW
References
External links Company website