Canadian Power

Canadian Power is an owner and operator of power assets in Canada.

Moving energy forward

History

Canadian Power Holdings Inc. began in 2007, as Stanley Power Inc. Stanley Power was the entity formed to hold the position in TransAlta Cogeneration Limited Partnership, which was acquired by CK Infrastructure HoldingsĀ and Power Assets Holdings (PAH). This interest took the form of a 49.99% stake in the Limited Partnership. Initially the partnership held 6 generation facilities across Canada; three in Ontario, two in Alberta, and one in Saskatchewan. In 2011, Stanley Power took a full ownership position in the Meridian Cogeneration Facility in Lloydminster, Saskatchewan, by acquiring the remaining 25% stake held by TA Cogen and the 50% stake held by Husky Energy. Canadian Power retains its 49.99% interest in the Sheerness, Fort Saskatchewan, Mississauga, Ottawa, and Windsor generating facilities. In late 2013, Stanley re-branded itself to succinctly represent its current business as a participant in the Canadian power industry. Through the change, Canadian Power Holdings emerged ready to continue with itsĀ mandate of owning and operating high quality assets in the power sector in Canada.

Moving energy forward