BowArk Energy Ltd. sent a June 22 letter to the Alberta Utilities Commission asking for a delay in a deadline to build a 94-MW, gas-fired power plant, citing the fact that an equity investor has dropped out of the project.
BowArk said one of two equity investors has dropped out of the project and it needs time to line up a financial replacement for its Queenstown Power Plant project. The company said commercial operation of the plant is expected in the fourth quarter of 2018. It noted that this will also mean delay for transmission interconnect facilities that the commission separately approved to support the Queenstown project.
BowArk Energy was approved March 15 by the Alberta commission for an amendment to the Queenstown plant that would allow it to install generating units that are different than those previously approved and which would increase the capability of the power plant from 90 MW to 94 MW. BowArk Energy also has a November 2015 approval for this project, which is located in the Vulcan area of this Canadian province.
The power plant project now consists of five 18.76-MW simple-cycle natural gas-fueled reciprocating generating units with a total capability of 94 MW. The previously-approved power plant was to consist of two 45-MW natural gas turbines with a total capability of 90 MW.