Technology. Ingenuity. Power.

Kineticor develops, owns, and operates power generation facilities that deliver efficient and reliable energy across Canada. We believe in utilizing technology and ingenuity to generate power that creates both economic and environmental benefits.

Kineticor specifically seeks out opportunities to partner with corporate entities seeking power expertise and capital to develop projects. Headquartered in Calgary, Alberta, we are focused on power projects that provide reliable, efficient, and low cost power. Kineticor has a long-standing partnership and significant equity commitment from OPTrust PMG to fund projects and owns multiple projects in Alberta at various stages of development, construction and operations.

Technology

Utilizing state-of-the-art technology to increase efficiency and reduce impacts of power generation.

Ingenuity

A necessity to develop new, inventive ways to deliver sustainable power that addresses environmental and social impacts.

Power

The focus of Kineticor, the energy for our everyday lives and the opportunity to form powerful partnerships.

Our History

2020

  • Project financing closed and construction commenced for the $1.5 billion, 900 MW Cascade Power Project
  • Cascade becomes the first project in partner with the Alberta Indigenous Opportunities Corporation allowing for participation of six local first nations to become equity owners in the Cascade Power Project

2019

  • Divestiture of Three Creeks Power Project to TransAlta Corp. for $84 million
  • Acquisition of $85 million, 32 MW Pipestone Power Plant at Tidewater’s Pipestone Gas Plant

2018

  • Multiple long term gas netback agreements executed underpinning the development of the Cascade Power Project
  • Divestment of Shaunavon Flare Gas Power Project

2017

  • Acquisition of partially constructed 690 MW Three Creeks Creek Power Project from Shell Canada
  • Partnered with Shell Energy North America Canada for re-development of the Three Creeks Power Project into a 652 MW combined cycle facility
  • OPTrust invests in Kineticor and commits additional funds for future opportunities

2016

  • Operations begin on the Shaunavon flare gas to power projects
  • 20 year PPA secured with SaskPower to support construction of the Shaunavon flare gas to power projects

2013

  • Kineticor Resource Corp. founded by entrepreneurs Andrew Plaunt and Michael Funk to focus on development of power generation projects across Canada

Current Operations

Cascade Power Project

Pipestone Power Project

Delivering power for a sustainable future.

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