August 28, 2016 7:59 AM ET

Electric Utilities

Company Overview of Saskatchewan Power Corp.

Company Overview

Saskatchewan Power Corporation generates, purchases, transmits, distributes, and sells electricity in Canada. It generates electricity from coal, hydro, natural gas, and wind power plants. The company operates five natural gas power stations, three coal-fired power stations, seven hydroelectric power stations, and two wind facilities with combined generation capacity of 3,542 megawatts (MW) of electricity. Its transmission system consists of 13,964 kilometers of transmission lines and 55 switching stations; and distribution system comprises 143,020 kilometers of power lines, 194 distribution substations, and 183,231 pole and pad-mounted transformers that serve approximately 522,000 customers...

2025 Victoria Avenue

Regina, SK S4P 0S1

Canada

Founded in 1929

3,143 Employees

Key Executives for Saskatchewan Power Corp.

Chief Executive Officer and President
Chief Financial Officer and Vice President of Finance
Vice President of Commercial & Industrial Operations, Chief Executive Officer of Northpoint Energy Solutions and President of Northpoint Energy Solutions
Vice President of Power Production, Chief Executive Officer of Saskpower International and President of Saskpower International
President of Carbon Capture & Storage Initiatives
Compensation as of Fiscal Year 2016.

Saskatchewan Power Corp. Key Developments

BHP Billiton and SaskPower Establish Carbon Capture and Storage Knowledge Centre

BHP Billiton and SaskPower have signed an agreement to establish the BHP Billiton SaskPower Carbon Capture Knowledge Centre to help advance Carbon Capture and Storage as a means of managing greenhouse gas emissions. BHP Billiton will contribute CAD 4 million per year for five years to fund the Knowledge Centre, which will operate as a Not-For-Profit Canadian Corporation in Regina, Saskatchewan. Under the agreement, BHP Billiton and SaskPower will each appoint two directors to the Board of the Knowledge Centre and another three independent directors will be appointed collectively. It is intended that the Knowledge Centre will help inform a range of interested parties, including governments, universities, industry and research organizations, on practical considerations in the development and use of CCS. It will be staffed by people with appropriate knowledge of CCS and Boundary Dam, either seconded from SaskPower or employed directly by the Knowledge Centre.

SaskPower Opens Carbon Capture Test Facility in Estevan, Saskatchewan

SaskPower announced the opening of its Carbon Capture Test Facility in Estevan, Saskatchewan. Situated near the Boundary Dam Carbon Capture Project. The Government of Canada contributed $1.3 million toward the design of the facility through Natural Resources Canada's ecoENERGY Technology Initiative. This facility will offer international clients a unique platform for the testing of new and emerging technologies to capture carbon dioxide emissions from coal-fired thermal facilities.

Saskpower Appoints M.J. Mike Marsh as President on Permanent Basis

M.J. Mike Marsh, who has been acting president and CEO of SaskPower since last fall, has been named president on a permanent basis. The appointment took effect immediately. Marsh was named in the acting role following the resignation of Robert Watson in October 2014 after the unsuccessful rollout of smart meters. Marsh has been with SaskPower since 1991.

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Recent Private Companies Transactions

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Date
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No transactions available in the past 12 months.
 

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