Canadian Hydro Developers, Inc. was a Canadian company that operated 12

hydroelectric power Hydroelectricity, or hydroelectric power, is electricity generated from hydropower (water power). Hydropower supplies one sixth of the world's electricity, almost 4500 TWh in 2020, which is more than all other renewable sources combined and ...

sites, eight

wind power Wind power or wind energy is mostly the use of wind turbines to electricity generation, generate electricity. Wind power is a popular, sustainable energy, sustainable, renewable energy source that has a much smaller Environmental impact of wi ...

sites and one

biomass power Biomass is plant-based material used as a fuel for heat or electricity production. It can be in the form of wood, wood residues, energy crops, agricultural residues, and waste from industry, farms, and households. Some people use the terms biom ...

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 TransAlta Corporation (formerly Calgary Power Company, Ltd.) is an electricity power generator and wholesale marketing company headquartered in Calgary, Alberta, Canada. It is a privately owned corporation and its shares are traded publicly. It o ...

to build three small

run-of-river Run-of-river hydroelectricity (ROR) or run-of-the-river hydroelectricity is a type of hydroelectric generation plant whereby little or no water storage is provided. Run-of-the-river power plants may have no water storage at all or a limited amou ...

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

acquired Canadian Hydro Developers at $5.25 cash per share.

Generating facilities

All facilities are owned by Canadian Hydro Developers.

References

External links

Company website
{{Authority control Defunct electric power companies of Canada Companies based in Calgary 2009 mergers and acquisitions 2009 disestablishments in Alberta Hydroelectric power companies of Canada