Operator
Good day, and thank you for standing by. Welcome to the Pembina Pipeline Corporation 2021 First Quarter Results Conference Call. [Operator Instructions] I would now like to hand the conference over to your speaker today, Cameron Goldade, Pembina s Vice President, Capital Markets. Please go ahead.
Cameron Goldade
Vice President, Capital Markets
Thank you, Christie. Good morning everyone, and welcome to Pembina s conference call, and webcast review highlights from the first quarter of 2021. On the call with me today are Mick Dilger, President and Chief Executive Officer, Scott Burrows, Senior Vice and Chief Financial Officer, Harry Andersen, Senior Vice President and Chief Operating Officer, Pipelines, Jaret Sprott, Senior Vice President and Chief Operating Officer, Facilities, Stuart Taylor, Senior Vice President, Marketing, New Ventures and Corporate Development Officer, and Janet Loduca, Senior Vice President, External Affairs and Chief Legal and Sustainability Offic
TransAlta and Pembina Pipeline Announce 100 MW Renewable Power Purchase Agreement and Launch of the Garden Plain Wind Project
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CALGARY, AB, May 3, 2021 /PRNewswire/ - TransAlta Corporation ( TransAlta or the Company ) (TSX: TA) (NYSE: TAC) announced today that it has entered into a long-term Power Purchase Agreement ( PPA ) with Pembina Pipeline Corporation ( Pembina ) for the offtake of 100 MW from its proposed 130 MW Garden Plain Wind Power Project ( Garden Plain or facility ), to be located approximately 30 km north of Hanna, Alberta. Under this agreement, Pembina will receive both renewable electricity and environmental attributes for an 18-year term. This long-term contract with Pembina enables TransAlta to add the 130 MW Garden Plain Wind Project to its growing wind generation fleet.
Canada a Growing Player in COVID-Proof Global Propane Markets - Deborah Jaremko - Energy News for the Canadian Oil & Gas Industry energynow.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from energynow.ca Daily Mail and Mail on Sunday newspapers.
Article content
After taking on water last year like a leaky boat caught in a hurricane, the Canadian oilpatch has stabilized with benchmark crude prices bobbing around US$60 a barrel and a buoyant outlook for natural gas.
Yet, petroleum producers are remaining cautious when it comes to increasing capital budgets and boosting output levels in 2021.
We apologize, but this video has failed to load.
Try refreshing your browser, or Varcoe: We re getting our mojo back â oilpatch on mend but spending hikes on hold Back to video
But Pembina Pipeline Corp. CEO Mick Dilger believes the days of higher spending and rising production are approaching.
Article content
After taking on water last year like a leaky boat caught in a hurricane, the Canadian oilpatch has stabilized with benchmark crude prices bobbing around US$60 a barrel and a buoyant outlook for natural gas.
Yet, petroleum producers are remaining cautious when it comes to increasing capital budgets and boosting output levels in 2021.
We apologize, but this video has failed to load.
Try refreshing your browser, or Chris Varcoe: We re getting our mojo back â oilpatch on mend but spending hikes on hold Back to video
But Pembina Pipeline Corp. CEO Mick Dilger believes the days of higher spending and rising production are approaching.