NEW GOAL: After achieving its 2 gigawatt goal three years early, BRC-Canada worked with its board members to establish a new renewable energy target. The new goal is to hit 10 GW of renewable energy procured by companies or institutions across Canada by 2030. Read more about this goal here.
POTENTIA RENEWABLES INC.AND GREENGATE POWER CORPORATION ANNOUNCE 15-YEAR AGREEMENT WITH MICROSOFT
Potentia Renewables Inc. (Potentia) and Greengate Power Corporation (Greengate) announced that their Paintearth Wind Project LP, has entered into a 15-year power-purchase agreement with Microsoft. Located in Alberta’s Paintearth County, the Paintearth Wind project is owned 75 per cent by Potentia and 25 per cent by Greengate. When it enters commercial operation in 2023, Microsoft will purchase approximately 543 GWh of renewable energy from Paintearth Wind every year throughout the term of the agreement. Read more here.
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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.