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Category: Waste Gas

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WCSB Power Acquires Shaunavon Waste Gas Power Plant

CALGARY | October 12, 2018

WCSB Power (“WCSB”) has completed a follow-up transaction supporting further growth of its operations through the acquisition of Shaunavon Power, waste-gas power plant in Saskatchewan.

With this acquisition and future roll-up of the Crowsnest Power Plant under the WCSB Power platform, WCSB will own and operate 74 MW of power generation facilities across three provinces in Canada.

About WCSB

WCSB Power is a privately held, technology-focused power generation company, engaged in the acquisition and operation of electrical generating assets in Western Canada. Our electrical generation assets utilize produced gas, sales gas and waste heat produced by large midstream, exploration and production companies.

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WCSB Power Acquires 66 MW Power Generation Portfolio

CALGARY | August 28, 2018

WCSB Power (“WCSB”) has acquired a 100% equity interest in a 66 MW portfolio of nine operating power plants located in Alberta from a private equity fund managed by Toronto-based Kensington Capital Advisors Inc.

The facilities produce electricity from waste-heat, waste-gas and sales gas produced by major oil and gas exploration and production (“E&P”) companies in the province. The E&P companies have entered long-term contracts to supply gas or purchase of electricity from the facilities.

This acquisition is WCSB’s first major acquisition since its founding in July 2018. WCSB will continue to focus on acquisitions opportunities in Western Canada.

About WCSB

WCSB Power is a privately held, technology-focused power generation company, engaged in the acquisition and operation of electrical generating assets in Western Canada. Our electrical generation assets utilize produced gas, sales gas and waste heat produced by large midstream, exploration and production companies.