Renewable Power

Large, diversified renewables footprint in North America and Europe

2025 priorities:

Execute and grow: Execute our major projects and advance CAD$1B to $2B in new projects

Capture value and efficiencies: Stand up the people, processes and tools to support our growing commercial footprint and develop new cross-business unit opportunities

Operational excellence: Achieve leading performance and availability from our assets while managing operating expenses

People/safety: Maintain our focus on reducing incidents and eliminating serious injuries or fatalities

World-class capabilities

Renewable portfolio in operation or under construction of 4.3 GW (net working interest) of zero-emission energy with investment in five G7 nations; expanding relationships with top-tier, blue-chip customers

Robust development pipeline

Diversified portfolio of development projects with strong stakeholder and Indigenous relationships, a growing network of key suppliers, and financial strength to execute

Visible growth

Growing North American and European power demand, coupled with customers’ desire for lower emissions power, supports the long-term growth prospects of our renewable portfolio

Strategy in action

Brought the 130-MW Orange Grove Solar facility, near Corpus Christi, TX, into service

Completed construction of the first 400-MW phase of the 815-MW Sequoia Solar project near Abilene, TX, which will be one of the largest solar facilities in North America

Sanctioned 600-MW Clear Fork Solar project near San Antonio, TX, with long-term offtake contract to Meta Platforms, Inc.

Placed Provence Grand Large, the first floating offshore wind farm in France, into service

Sanctioned the 152-MW Easter Wind near Lubbock, TX, our first wind project in the Southwest Power Pool (SPP) market

Sanctioned Cowboy Phase 1 (365 MW solar paired with 135 MW BESS) in Wyoming, marking our first investment in utility-scale batteries

Gas Distribution and Storage