Enmax delivers $82-million dividend to Calgary yyc
This year, the city will be getting an $82-million dividend from Enmax for the 2022 fiscal year, up $20 million from the previous year.Sign up to receive daily headline news from the Calgary Herald, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. Postmedia Network Inc.
Enmax dividends generally go to the city’s parks program, however the mayor said the door remains open to do other things with the money., updated city councillors on the company’s work toward meeting goals such as net zero carbon emissions, while also providing affordable and reliable energy services to Calgarians and customers in U.S. state of Maine through its Versant Power division.
He said the federal government has provided funding for a study into carbon capture technology at the company’s Shepherd natural gas generating station, which will be a big part of its future carbon emission reductions.
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