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enmax.com

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About Enmax

The ENMAX group of companies (“ENMAX”) safely generates, transmits, distributes, and sells energy across Alberta.

Enmax Headquarter Location

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Latest Enmax News

Fewer Albertans facing utility disconnects this summer

May 7, 2022

Author of the article: Article content Fewer Albertans appear to be facing disconnections from their electricity this summer, according to several large providers in the province. Advertisement 2 Article content Try refreshing your browser, or Fewer Albertans facing utility disconnects this summer Back to video Enmax said 28 per cent fewer residents had their electricity limited when compared to last year, resulting in less than one per cent of all of their customers needing load limiters. “We understand these are challenging economic times for many customers, regardless of which energy provider they’re with,” said Enmax spokesperson Chinta Puxley. “ENMAX Energy has worked actively with households facing service disruptions and we have so far come to solutions for 55 per cent of households on load limiters to continue their flow of electricity.” Load limiters are devices that are used to restrict electricity in a home when residents fall behind on their payments. The homes are then only able to run a furnace and a small amount of appliances. Providers are not allowed, by law, to completely cut off services from October to the middle of April in Alberta. Advertisement 3 Article content Puxley said none of their customers who were on load limiters have been disconnected at this time. She did not clarify exactly how many of their customers remain on load limiters, however Enmax’s website states they provide electricity to approximately 510,000 customers in Calgary and the surrounding area. EPCOR, in Edmonton, said they could not speculate on how many customers may be facing disconnections as it is a fluid number. However, the utility company said there were fewer accounts on a limiter at the end of the winter rules period than in the year prior. “We are not seeing a year-over-year increase,” said spokeswoman Laura Erkhamp. “We urge any customer missing payment schedules or with overdue balances to contact us as soon as possible as we are always interested in reviewing options to help them manage their account.” Advertisement 4 Article content When asked for aggregated data on the number of Albertans who have been disconnected from their utilities this spring, the province said the Alberta Utility Commission would be responsible for that information. In turn, the commission stated that information is not collected or published. Official opposition leader Rachel Notley said Thursday she has heard from Albertans who are facing disconnections. She said her party will be keeping an eye on energy prices this summer and will continue to look for practical solutions for Albertans. “We know that in the past, we’ve actually seen huge price spikes in the summer periodically, particularly if it gets really hot,” said Notley. “We’ve always said the $50 rebate for three months is likely not going to be the complete answer over the long haul.” Advertisement 5 Article content The government promised a $50 rebate for three months earlier this year to combat high electricity prices this winter. Associate Minister of Electricity and Natural Gas Dale Nally has introduced legislation allowing for the rebates to be implemented. He previously said he hopes they can be applied by this summer. The NDP raised flags on Thursday over a ministerial order brought forward Wednesday that allows for the rebate to be fully implemented by Dec. 31. Speaking at an unrelated press conference Premier Jason Kenney said there is a technical issue in getting approximately 40 retailers to be able to pass on the rebate to consumers. He noted that the province has also slashed taxes on gas and will be protecting Albertans from surges in natural gas prices next winter

Enmax Acquisitions

2 Acquisitions

Enmax acquired 2 companies. Their latest acquisition was Emera Maine on March 17, 2020.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

3/17/2020

$99M

Acquired

1

3/25/2019

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$99M

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10

Date

3/17/2020

3/25/2019

Investment Stage

Companies

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Valuation

$99M

$99M

Total Funding

Note

Acquired

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Sources

1

10

Enmax Partners & Customers

10 Partners and customers

Enmax has 10 strategic partners and customers. Enmax recently partnered with Cadillac Fairview on April 4, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

4/16/2021

Client

Canada

ENMAX and Cadillac Fairview to test network innovation through solar installation

April 16 , 2021 / Calgary , AB> | ENMAX Corporation and Cadillac Fairview are pleased to announce their partnership to test the connection of a solar installation at Cadillac Fairview , the largest shopping complex in Calgary , onto ENMAX 's specialized secondary network to enable two-way flow of renewable forms of energy .

2

11/7/2019

Vendor

United States

GE Renewable Energy & ENMAX to implement Canada’s First Hybrid Electric Gas Turbine (EGT®) System.

GE Renewable Energy and ENMAX Corporation have reached an agreement to add GE Renewable Energy 's Hybrid Electric Gas Turbine technology to an existing natural gas turbine at ENMAX Corporation 's Crossfield Energy Centre in Alberta , Canada .

1

11/5/2019

Vendor

United States

GE Renewable Energy and ENMAX to implement Canada’s First Hybrid Electric Gas Turbine.

GE and ENMAX Corporation announced today that they have reached an agreement to upgrade an existing LM6000 Gas Turbine at ENMAX Corporation 's Crossfield Energy Center in Alberta , Canada with GE 's award-winning Hybrid Electric Gas Turbine technology .

1

11/7/2017

Partner

United States

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10

11/5/2015

Vendor

India

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10

Date

4/16/2021

11/7/2019

11/5/2019

11/7/2017

11/5/2015

Type

Client

Vendor

Vendor

Partner

Vendor

Business Partner

Country

Canada

United States

United States

United States

India

News Snippet

ENMAX and Cadillac Fairview to test network innovation through solar installation

April 16 , 2021 / Calgary , AB> | ENMAX Corporation and Cadillac Fairview are pleased to announce their partnership to test the connection of a solar installation at Cadillac Fairview , the largest shopping complex in Calgary , onto ENMAX 's specialized secondary network to enable two-way flow of renewable forms of energy .

GE Renewable Energy & ENMAX to implement Canada’s First Hybrid Electric Gas Turbine (EGT®) System.

GE Renewable Energy and ENMAX Corporation have reached an agreement to add GE Renewable Energy 's Hybrid Electric Gas Turbine technology to an existing natural gas turbine at ENMAX Corporation 's Crossfield Energy Centre in Alberta , Canada .

GE Renewable Energy and ENMAX to implement Canada’s First Hybrid Electric Gas Turbine.

GE and ENMAX Corporation announced today that they have reached an agreement to upgrade an existing LM6000 Gas Turbine at ENMAX Corporation 's Crossfield Energy Center in Alberta , Canada with GE 's award-winning Hybrid Electric Gas Turbine technology .

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Sources

2

1

1

10

10

Enmax Team

2 Team Members

Enmax has 2 team members, including current Chief Executive Officer, President, Charles Ruigrok.

Name

Work History

Title

Status

Charles Ruigrok

Chief Executive Officer, President

Current

Sean Durfy

Chief Operating Officer

Former

Name

Charles Ruigrok

Sean Durfy

Work History

Title

Chief Executive Officer, President

Chief Operating Officer

Status

Current

Former

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