Deals Counterparts

ENMAX

company

Calgary-based utility company providing electricity, natural gas, and renewable energy services to customers primarily in Alberta, Canada, and through its subsidiary, Versant Power, in Maine, USA. Owned by the City of Calgary, ENMAX operates generation, transmission, and distribution assets.

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Founded 1998 1,800 employees Parent: City of Calgary
UtilityOperatorDeveloperInvestor

Strategic Overview

  • ENMAX is focused on providing reliable and affordable energy services to its customers.
  • The company is actively involved in the energy transition, investing in renewable generation assets.
  • Strategic acquisitions, like Versant Power, indicate a willingness to expand its utility operations geographically.

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Key People

Mark Poweska
President & CEO

Track Record

26
Years Active
Notable projects: Shepard Energy Centre, Taber Solar Farm, Kettles Hill Wind Farm

Detailed Analysis

Sectors
UtilitiesEnergy Transition
Technologies
Electricity Transmission & DistributionNatural Gas DistributionThermal GenerationSolar PVOnshore Wind
Geographies
CanadaUnited States (1 deal)
Deal Stage
OperatingBrownfieldGreenfield

Subsidiaries

ENMAX Power CorporationENMAX Energy CorporationVersant Power

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