Genalta Power

Genalta Power is an Independent Power Producer based in Calgary, Alberta. The company was founded in 2008 and specializes in Distributed Energy power plants between 2-50 megawatts. The company builds, owns, operates and maintains power plants that utilize wasted energy resources.[1]

The company has undergone several rounds of financing and its main equity holders are Enbridge and Kensington Capital.[2] Former Alberta Premier Ed Stelmach joined its Board of Directors in 2012.[3]

The company was the first company in Alberta to earn carbon credits by converting Flare gas to electricity.[4]

References

  1. ↑ "Genalta Power Website". www.genaltapower.com. Retrieved 7 March 2015.
  2. ↑ "Genalta News". www.genaltapower.com/press. Newswire. Retrieved 7 March 2015.
  3. ↑ "Genalta Power Inc. Announces Ed Stelmach Joins the Board of Directors". Newswire. 5 June 2012. Retrieved 7 March 2015.
  4. ↑ Stephenson, Amanda (29 September 2014). "Genalta Power earns credits for turning flare gas to electricity". Calgary Herald. Retrieved 7 March 2015.
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