Capstone Infrastructure Corporation Successfully Commissions 192 MW Wild Rose 2 Wind Farm Alongside Offtakers Pembina Pipeline and City of Edmonton

Capstone Infrastructure Corporation (TSX: CSE.PR.A) ("Capstone") is proud to announce the successful commissioning of the 192 MW Wild Rose 2 Wind Farm in Cypress County, Alberta. Through offtake agreements with Pembina Pipeline and the City of Edmonton for the electricity and environmental attributes generated by the Wild Rose 2 Wind Farm, Capstone is delivering on partnerships with companies and governments that enable them to reach climate and decarbonization goals.  

Capstone entered into a power purchase agreement (“PPA”) with Pembina Pipeline Corporation (TSX: PPL; NYSE: PBA) (“Pembina”) for the offtake of 105 MW of renewable energy and associated renewable attributes over 15-years from the Wild Rose 2 Wind Farm.

Capstone has also entered a 78 MW Renewable Attributes Purchase Agreement (“RAPA”) with the City of Edmonton (“the City”) to supply renewable attributes for over 20 years from Wild Rose 2 Wind Farm.

The RAPA between Capstone and the City of Edmonton is the largest long-term procurement of renewable energy attributes by a Canadian city to date. The agreement is part of the City’s Community Energy Transition Strategy which set targets to be carbon neutral in its corporate operations by 2040 and for the City as a whole to achieve net zero GHG emissions by 2050.

Capstone celebrated the milestone at a ribbon-cutting event at the Wild Rose 2 Wind Farm with host landowners, local officials, representatives from Pembina Pipeline and City of Edmonton, and many other project stakeholders.

In recognition of the environmental and electricity system benefits, Natural Resources Canada provided federal support through the Smart Renewables and Electrification Pathways Program. 

Capstone | www.capstoneinfrastructure.com 

Pembina Pipeline Corporation | www.pembina.com