Maxim Power Corp T.MXG

Alternate Symbol(s): MXGFF

Utilities Utilities - Independent Power Producers

Maxim Power Corp. is an independent power producer. The Company is focused entirely on power projects in Alberta. Its core asset, the 300 megawatts (MW) H.R. Milner Plant, M2, in Grande Cache, AB, is a combined cycle gas-fired power plant. The Company continues to explore additional development options in Alberta, including its permitted gas-fired generation projects and the permitting of its wind power generation project. Its Milner 2 (M2) power plant is a 204 MW natural gas-fired turbine generator located at the HR Milner Generating Station site near Grande Cache, Alberta. Its HR Milner Generating Station (Milner 1 or M1), located near Grande Cache, Alberta, is a 150 MW dual fuel steam turbine generator capable of burning both natural gas and coal.

TSX:MXG - Post by User

Maxim Power Corp > adjusting for outage

<< Previous

Bullboard Posts

Next >>

Comment by longrun86on Feb 14, 2024 10:59am

97 Views

Post# 35879724

RE:RE:adjusting for outage

It might be too early to tell, but the lack of snowpack could put some pressure on the hydro facilities this coming summer as well. A good reminder that a "balanced" electrical generation grid is important.

I would like to hear from Maxim what the plan is now that Milner is operational and what they intend to do with the balance sheet.

LR

<< Previous

Bullboard Posts

Next >>

Bombardier reveals NetJets as buyer behind US$6 billion order