Maxim Power

Maxim Power Corp. (TSX: MXG) is an Independent Power Producer headquartered in Calgary, Alberta, Canada and owns and operates the H. R. Milner Plant ("M2"), a 204 MW natural-gas fired power plant near Grande Cache, Alberta.[2] Maxim is currently increasing the capacity of M2 to approximately 300 MW and concurrently will realise an improvement in fuel efficiency by investing in heat recovery combined cycle technology.[3] The company is focused on power generation opportunities in Alberta, Canada including both renewable and traditional thermal options. It was founded on July 9, 1993.[4]

Maxim Power Corporation
TypePublic
TSX: MXG
IndustryPower Generation
FoundedJuly 9, 1993
Headquarters,
Canada
Area served
Alberta
Key people
Bruce Chernoff
(CEO)

Robert Emmott
(President & Chief Operating Officer)

Kyle Mitton
(Chief Financial Officer & Vice President, Corporate Development)[1]
ProductsElectricity
SubsidiariesMilner Power Inc, Summit Coal Inc
Websitehttp://www.maximpowercorp.com

The company's wholly owned subsidiary, Summit Coal, has coal leases in the province of Alberta.[5]

Generating facilities

Maxim Generating stations are either owner directly by Maxim Power or through subsidiaries.

Canadian facilities

Name Location Fuel Capacity (net MW) Link
H. R. Milner Plant ("M2") Grande Cache, Alberta Natural Gas 204 MW
Gold Creek Generating Facility Near Grande Prairie Heat Recovery 6.5 MW

References and footnotes

  1. "Maxim Power Corp. Announces Officer Appointments and the Receipt of Line Loss Proceedings Payment" (Press release). 5 January 2021.
  2. Corp, Maxim Power (2020-06-01). "Maxim Power Corp. Commissions M2, the Largest Simple Cycle Natural Gas-Fired Power Plant in Alberta". GlobeNewswire News Room (Press release). Retrieved 2021-10-18.
  3. "Maxim Power Corp - Q2 2021 Press Release and Financial Statements" (PDF). Maxim Power Corp. Corporate Site. 2021-08-11. Retrieved 2021-10-18.
  4. "MXGFF - Maxim Power Corp Company Profile - CNNMoney.com". money.cnn.com. Retrieved 2020-08-10.
  5. "Maxim Power Corp. Announces Agreement to Acquire Additional Coal Lease". Marketwire. Market wire Inc. 9 May 2012. Retrieved 2012-08-25.
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