Renewable Power Corp. is a privately owned company based in Roberts Creek, British Columbia, which was established in 2000.
[1] Capital costs were $40m with $34.6m of debt financing provided by CorpFinance International (which was also an equity investor).
[3] The site features a natural 875 meter drop, which will give it the highest head of any run of river plant in North America, enabling it to efficiently generate energy year round.
The project’s high head allows it to operate at capacity from 70-80% of the time, versus the norm of 40- 60%.
Renewable Power claims that this is the highest capacity factor (average megawatts delivered versus total ability of the plant) of any hydro project built to date.