Power Projects

MAXIM completed construction on the 204 MW Milner 2 (“M2”) Simple Cycle Gas Turbine (“SCGT”) in Q2 2020 and is currently converting M2 to Combined Cycle Gas Turbine (“CCGT”) by installing a heat recovery unit. When complete, the Milner site will generate ~300 MW of efficient natural gas-fired generation.

In total, MAXIM has over 500 MW of natural gas and wind development projects at various stages.

HR MILNER

Grande Cache, Alberta

BUFFALO ATLEE WIND

Jenner, Alberta

M2 Additional Permitted Projects at Milner Crown Lands
SCGT CCGT(1)
COD Q2 2020 TBA(3) TBA(2) TBA(2)
Capacity (MW) 204 ~300 346 200
 Fuel Type Gas Gas Gas Wind
 Development Operational Construction Advanced (major permits obtained) Resource assessment

(1) The CCGT expansion will utilize the existing Milner 1 steam turbine to improve efficiency and add ~96 MW of generating capacity to the M2 project.

(2) Timing to be announced upon advancement of commercial terms.

(3) In 2022, MAXIM continued progress on the engineering and construction of the CCGT expansion of M2 with construction and engineering greater than 97% complete. Hot commissioning activities were expected to commence in the early part of October 2022, however are delayed as a result of the non-injury fire incident that occurred in September 2022.