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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Maxim Power Corp > Maxim Power - Deerland Peaking station and Wind Farm

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Comment by longrun86on Aug 01, 2023 1:36pm

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Post# 35567256

RE:Maxim Power - Deerland Peaking station and Wind Farm

I took a look at the annual information form for 2022

The corporate org chart shows a 100% interest in Deerland Power Inc. with the following explanation:

MAXIM also has a wind development project, Buffalo Atlee, which has the potential for up to 200 MW of wind generation capacity. In 2021, MAXIM installed a new meteorological tower on the site lands to further expand and improve the quality of the project’s wind resource data.

Not of a lot of detail there but I hope that helps!

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