2022 Investor Day Presentation
24x7 CARBON-FREE POWER PRODUCT
First in Canada, premium
decarbonization solution
Carbon-free power product in Alberta offers a fixed price for a
fixed volume of power and all environmental attributes
• Pioneering a combined wind, solar and long-duration pumped hydro
portfolio eliminates renewable generation variability
Expected capital cost of Saddlebrook Solar + Storage is $146 million
• The proposed Project is partially supported by $10 million in funding
from the Government of Alberta through Emissions Reduction Alberta (1)
Key developments in 2022:
300 MW:
Sharp Hills Wind
81 MW:
[4]
Saddlebrook Solar + Storage
75 MW:
Canyon Creek Pumped Hydro
2021
Service opportunity
announced
2021-2022
Negotiated offtake
agreements and LOIS
2022-2023
Development projects in
construction
·
Executed binding offtake agreements with multiple
creditworthy customers
Achieved positive FID on Saddlebrook Solar project
• Groundbreaking on Sharp Hills Wind facility
24/7
Carbon-Free
(1) Emissions Reduction Alberta funding granted through their BEST Challenge, to support the development of a hybrid solar generation facility combined with a flow battery energy storage system.
2024
New renewable power and
storage assets come online
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