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Maxim Power Corp
T.MXG
Alternate Symbol(s):
MXGFF
Utilities
Utilities - Independent Power Producers
Maxim Power Corp. is a Canada-based independent power producer, which is focused entirely on power projects in Alberta. The Company acquires or develops, owns and operates power and power related projects in Alberta. The Company’s core asset is the 300-megawatt (MW) H.R. Milner Plant, M2, in Grande Cache, AB, which is a combined cycle gas-fired power plant. It also explores additional development options in Alberta, including its permitted gas-fired generation project and the permitting of its wind power generation project. The Combined Cycle Gas Turbine (CCGT) expansion of M2 captures waste heat that would otherwise exhaust into the atmosphere and converts it into low carbon dispatchable electricity for the Alberta power grid. In total, it has about 600 MW of natural gas and wind development projects at various stages. Summit Coal LP is a wholly owned subsidiary of the Company that owns metallurgical coal leases for Mine 14 and Mine 16S located north of Grande Cache, Alberta.
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TSX:MXG - Post by User
Maxim Power Corp
> Progress Update
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Comment by
tinkvid
on Feb 15, 2023 1:51pm
132 Views
Post# 35287947
RE:RE:RE:Progress Update
RE:RE:RE:Progress Update
Slow and steady ascent is fine by me....This company is Results driven, NOT news driven. Management has a firm grip of the wheel....Put this one away in your top drawer and revisit in 2 months!
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