Vancouver: Alterra Power Corp. announced July 5 that its newest power plant, the Jimmie Creek run-of-river hydroelectric project that has been under construction since 2014, achieved its full capacity output of 62 MW for the first time on June 29. On the same day, Alterra’s East Toba and Montrose plants achieved 238 MW of gross output, for a total of 300 MW of output from the three plants, which Alterra co-owns with funds managed by Axium Infrastructure, Inc.
Jimmie Creek is currently selling its power under a contract with Powerex Corporation. Alterra expects the project to achieve full commercial operations in August, when it will begin selling 100% of its power under a 40-year contract with BC Hydro.