Company Overview

Business Description

Sector
Utilities
Industry
Utilities
Headquarters
Canada CA
Employees
51
IPO date
Jan 5, 1994

Maxim Power Corp is a Canadian independent power producer that owns and operates electricity generation assets, mainly natural gas-fired plants. It turns fuel into power and sells that electricity into wholesale markets or under supply contracts, usually to utilities, grid operators, and other large power buyers that need reliable dispatchable generation.

The company makes money by selling electricity, and sometimes capacity or other grid-related services, from the plants it controls. Its business depends on how often its plants run, the prices power earns in the market, and how efficiently it can produce electricity relative to fuel and operating costs.

What makes Maxim Power different is that it sits in the middle of the power value chain as an asset owner rather than a utility or a fuel supplier. It focuses on generating power from specific sites and selling output into markets where flexible, on-demand generation is valuable, especially when demand is high or when the grid needs backup supply.

Maxim Power Corp Investor Relations

Address
715 - 5th Avenue South West Suite 1210
Calgary, Alberta
Canada

Business Segments

Power generation

Maxim Power owns and operates natural gas-fired power plants and sells the electricity they produce into wholesale power markets.

Customers

Power grid operators, utilities, and other electricity buyers in the wholesale market

Revenue Model

It earns money by selling electricity and related market products at market prices

Project development

The company develops and acquires power projects, including upgrades and new generation opportunities, to add to its operating portfolio.

Customers

Utilities, power market participants, and project counterparties involved in buying, selling, or partnering on power assets

Revenue Model

It makes money from project sales, asset transactions, and development-related agreements when projects move forward

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Management

Mr. Robert Emmott

President & CEO

Biography unavailable

Mr. Kyle Mitton

VP of Corporate Development & CFO

Biography unavailable

Mr. Robert Bruce Watson

Vice President of Operations

Biography unavailable

Mr. Kevin Dyck

VP of Finance & Controller

Biography unavailable

Ms. Kim Karran

Corporate Secretary & Senior HR Advisor

Biography unavailable

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