Content
Capital Expenditures
Capital expenditures of $6.0 million in 2008 (2007 – $17.2 million) were in line with expectations. The majority of these expenditures were construction costs for the three new NRGreen waste heat facilities that commenced operations in the year. The SaskPower interconnect on Alameda remains to be completed and some final construction costs on the three new facilities will be incurred in 2009. Green Power anticipates capital expenditures of approximately $1.4 million in 2009 focused primarily on the final completion activities of the three new waste heat facilities.