Capital Power signs new long-term PPA with Consumers Energy for Midland Cogeneration Venture through 2040
Type: Ppa · Technology: Gas, Other · Country: United States · Value: $100M · Announced: 2025-09-18
Capital Power Corporation and Consumers Energy executed a long-term power purchase agreement extending to 2040 under which Consumers Energy will contract approximately 1,240 MW (about 75% of the facility) from the Midland Cogeneration Venture, providing 10 years of incremental contracted revenue starting June 2030 and increasing facility EBITDA by about US$100 million annually.
Counterparties
- Consumers Energy (Offtaker)
- Capital Power Corporation (Developer)
- Manulife Investment Management (Investor)
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