Capital Power Corporation has entered into 15-year agreement with Shaw Communications Inc. for the purchase of approximately 30 megawatts (MW) of renewable energy from the recently completed Clydesdale Solar (75 MW) facility beginning on the facility's commercial operation date of December 13, 2022. The renewable energy is bundled with 100% of the associated greenhouse gas offsets and environmental attributes generated from Shaw Communication's share of the facility's generation output. Combined with a previously announced virtual power purchase agreement, the Clydesdale Solar facility's capacity is now approximately 90% contracted over a 15-year term.

The construction of Clydesdale Solar was completed on schedule. Located on privately owned land in the Municipal District of Taber, Alberta, the 75-MW facility is Capital Power's second solar facility to achieve commercial operations in Canada. The Clydesdale Solar facility is projected to generate approximately 170 GWh of renewable energy in the first year of operations.

This renewable energy agreement represents a total carbon displacement of approximately 335,400 tCO2e, which is equivalent to taking a total of more than 102,900 cars off the road.