Topic summary

Enmax

Enmax

Calgary, Alberta municipal energy utility Enmax CorporationTypeMunicipally owned corporationIndustryUtilitiesFoundedCalgary, Alberta, Canada, 1905HeadquartersCalgary, Alberta, CanadaKey peopleMark Poweska-President and CEORevenue 3.66 billion CAD (2022)Net income 296 million CAD (2022)OwnerCity of CalgaryWebsitewww.enmax.com Enmax Corporation (often styled as ENMAX) is a vertically-integrated utility provider with operations across Alberta, Canada, and in Maine, United States. Through its subsidiaries, ENMAX Power Corporation and Versant Power, ENMAX owns and operates transmission and distribution utilities that deliver electricity to customers in Calgary, and northern and eastern Maine. Through ENMAX Energy Corporation, ENMAX owns and operates power generation facilities and offers electricity and natural gas products and services to residential, commercial and industrial customers across Alberta. Overview Enmax, headquartered in Calgary, Alberta, is a private corporation and the Calgary City Council is its sole shareholder. According to their 2022 Financial Report, in 2022, ENMAX generated net earnings of $296 million and declared a dividend to The City of Calgary in the amount o