On September 14, 2023, Gibson Energy Inc. announced its 15-year renewable power purchase agreement with Capstone Infrastructure Corporation and Sawridge First Nation’s Buffalo Atlee 2 and 4 wind farms. Pursuant to the power purchase agreement, Gibson will purchase power and environmental attributes from the Buffalo Atlee wind projects, located near Jenner, Alberta. With a combined nameplate capacity of 26 megawatts, the projects are expected to meet over 50% of Gibson’s annual electricity needs offsetting approximately 300,000 tonnes of carbon emissions over the term of the agreement. The Buffalo Atlee projects are being built and operated by Capstone in partnership with the Sawridge First Nation, who have an equity interest in the projects.
Gibson, headquartered in Calgary, Alberta, is a leading liquids infrastructure company. Capstone is a developer, owner, and operator of clean and renewable energy projects across North America, and the Sawridge First Nation is located at the east end of the Lesser Slave Lake in Alberta near the Town of Slave Lake and is an original signatory to Treaty No. 8
Cassels acted for Gibson.