Deal Tracker
Community Benefits Summary: As of December 31, 2023, 3.31 gigawatts (GW) of renewable energy have been purchased through PPAs, enabling a total of 4.14 GW of project capacity. This equates to 12,539 gigawatt-hours per year of energy provided, leading to:
- the creation of 6,313 jobs,
- $6.4 billion in capital investment, and
- production of enough energy to power 1.7 million homes.
Highlights:
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Amazon and Copenhagen Infrastructure Partners: Amazon has entered into a power purchase agreement (PPA) with Copenhagen Infrastructure Partners to purchase 415 MW of wind energy capacity from Buffalo Plains. At the time of the announcement, the project is expected to be the largest onshore wind farm in Canada, at a total project capacity of 495 MW. The deal is also one of the biggest PPAs ever in Alberta by capacity. Located in Vulcan County, Alberta, Buffalo Plains is planned to come online December 2024.
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Deal Tracker Table
Details on deals and projects, as well as other information on corporate renewable developments and trends in Canada, are exclusively available to participating organizations of BRC-Canada.
About the Deal Tracker
The primary goal of the Deal Tracker is increased public awareness of the initiatives corporate buyers are taking to procure renewable energy for their own targets and for emissions reduction obligations. Transactions in the Deal Tracker consist of renewable energy projects where a corporation or institutional buyer has announced or disclosed an agreement to support the growth of renewable energy in Canada.
Archive of Quarterly Updates
Scroll through our archive to see previous editions of the Deal Tracker and highlights from each quarter since 2021.
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Corporate Renewable Energy Deals in Canada by Buyer and Developer
These graphs provide a detailed look at who was involved in all the corporate renewable energy deals that qualified under our Deal Tracker criteria.