Independent Power and Renewable Electricity Producers
Company Overview of Genalta Power Inc.
Genalta Power Inc. is an independent power producer that generates electricity from alternative energy sources within industry. The company develops and operates a portfolio of distributed power plants that deliver power behind the fence and to the grid throughout North America. It provides waste heat to power solutions, including gas turbine exhaust heat recovery, amine facility heat recovery, process hot water heat recovery, and reciprocating engine solutions; flare and vented gas to power solutions for oil and gas producers to reduce flaring and venting while generating a new revenue stream; and biomass, solution gas, waste pressure, stranded gas, behind the fence sales gas, and governmen...
505 – 8th Avenue SW
Calgary, AB T2P 1G2
Founded in 2006
Key Executives for Genalta Power Inc.
Chief Executive Officer, Founder and Director
Vice President of Operations
Executive Vice President of Finance
Vice President of Projects
Compensation as of Fiscal Year 2016.
Genalta Power Inc. Key Developments
Stonebridge Financial and Genalta Power Close on $31 Million Long Term Financing Facility
Feb 4 15
Stonebridge Financial Corp. announced the closing of a $31.0 million, long-term debt facility for the construction and operation of two waste energy-to-power projects in Alberta. enalta III Limited Partnership ("Genalta III") is a portfolio owned by Genalta Power Inc.("Genalta") and is comprised of the Baytex project, a 20MW gas-to-power project, and the Harvest Project, a 5.6MW simple cycle turbine. The debt facility arranged by Stonebridge was funded by Alberta Treasury Branches, and represents the second debt financing transaction provided for Genalta by Stonebridge and ATB.
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