The Power of Stability

2014 Highlights & Achievements
Economic responsibility
29%
of alberta’s
new power
generation
We are investing in the power generation
our communities need to make the
transition to a cleaner future, and
power economic growth.
We invested $2.9 billion to
develop 1,300 megawatts (MW)
of new Alberta power generation
since 2004.
We partnered with Enmax
to build an additional 800 MW
of state-of-the-art natural gasfired
generation to replace coal
units that will retire by 2019.
We made substantial progress
building Ontario’s largest wind
farm, the 270 MW K2 Wind in
partnership with Pattern and
Samsung. When operational in
spring 2015, Canada will surpass
10,000 MW of installed wind
energy capacity, enough to power
over 3 million homes annually.
We are Alberta’s leading
developer of new power
generation, responsible for
29% of capacity added since
2004, and have an additional
545 MW of owned capacity
under construction or advanced
development in Alberta and
North Carolina.
95%
availability
Our operations achieved 95%
availability in 2014 – a level of
dependability that is essential to
the customers we serve.
Our leaders and employees
are committed to operational
excellence and high maintenance
standards to achieve superior
plant availability.
High plant availability provides
ongoing, dependable power
generation for the reliability of the
whole electricity system, one that
homes and businesses rely on to
keep the lights on every day.
7.9%
dividend
increase
We’re delivering stable and
growing returns to shareholders,
even in a time of low power prices.
We increased our dividend
7.9% in 2014.
We reduced corporate
expenditures by 31%, or $37
million, as Alberta entered a
downturn in power prices.
50
best
corporate
citizens
We were named one of Canada’s
50 Best Corporate Citizens for
the fourth year running.
Being named one of Canada’s
50 Best Corporate Citizens by
Corporate Knights is a tribute to
the work of our employees – and
a signal to prospective employees,
investors and the communities
where we do business, that we live
our values every day, and conduct
our business responsibly.
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