Canadian Hydro Developers

Canadian Hydro Developers

Infobox_Company
company_name = Canadian Hydro Developers, Inc.
company_type = Public
foundation =
location = Calgary, Alberta, Canada
key_people = John Keating, President and Chief Operating Officer
industry = Electricity generation
num_employees = 69 (2008)cite web |url=http://zenobank.com/index.php?symbol=CA;KHD&page=quotesearch|title=Company Profile for Canadian Hydro Developers Inc (CA;KHD) |accessdate=2008-10-07]
revenue = increase63 million USD (2007)
net_income = decrease8 million USD (2007)
market c

products = Electricity
homepage = [http://www.canhydro.com/ www.canhydro.com]

Canadian Hydro Developers, Inc. (tsx|KHD) is a Canadian company that operates 12 hydroelectric power sites, 4 wind power sites and one biomass power site in Canada. Canadian Hydro Developers is the Canadian leading supplier of EcoLogo certified power from environmentally sounds low-impact power production with plants located in Alberta, British Columbia and Ontario. Canadian Hydro Developers sells most power under long term contracts to major provincial utilities such as Ontario Power Generation and BC Hydro.

Canadian Hydro was founded by two brothers John and Ross Keating with Jack McCleary. In 1989 Canadian Hydro had secured $1.3 million in equity and a contract with TransAlta to build three small run-of-river facilities. Revenue from these plants were then used in part to finance the future plants.

In January 2005 the firm bought Canadian Renewable Energy Corporation. (CREC)

In December 2006 the firm bought Vector Wind Energy [http://vectorwindenergy.com/] which has over 13 projects either built or in the process as of 2007. [http://www.canhydro.com/www2005/pdf/News%2010%2012%2006%20Vector%20Acquisition.pdf]

Announced in February 2007 (and finalized in March) the firm bought GW Power Corporation. [http://biz.yahoo.com/ccn/070202/200702020370742001.html]

Generating Facilities

All facilities are owned by Canadian Hydro Developers.

References

External links

* [http://www.canhydro.com/ Company website]


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