Forty Mile

Electricity, Oil & Gas · United States · 201-500 Employees

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Overview

Headquarters

United States

Phone Number

(514) 525-2113

Revenue

$24 Million

Industry

Electricity, Oil & Gas Energy, Utilities & Waste
ZI Rank: 1
Signal Type
Mar
Apr
May
Jun
Jul
Aug
ZI Rank
1
1
1
1
1
1

About Forty Mile

RES in partnership with BHE Canada submitted the Forty Mile Project to the last Request for Proposals of the Alberta Electric System Operator (AESO) in October 2018. While we produced a quality submission with a competitive price, the Project was unfortunately not selected by AESO. With never-seen-before prices around 3.5 to 4 cents per kWh, wind is clearly the most affordable source of power today, in addition to being a solution to the greatest environmental challenge of our time: climate change. Alberta is nowhere close to completing its decarbonization of its electricity sector and many new opportunities still remain After submitting our power plant application in the fall of 2017 to the Alberta Utilities Commission (AUC), and going through a brief public hearing in June 2018, the Project received its approval from the AUC at the end of August 2018. RES continues to invest into this important project, and achieving this milestone provides investors and the AESO with great certaintyRead more
Popular SearchesForty MileForty Mile ProjectRenewable Energy Systems LtdSIC Code 49,491NAICS Code 22,221Show more

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Company Name

Revenue

Number of Employees

Type

Funding

Founded In

Top Executive

Forty Mile

$24M
201-500
Private
-
-
N/A
$216.9M
201-500
Private
-
2003
Aaron Engen, President & Chief Executive Officer at AESO
Aaron EngenPresident & CEO
$188.7M
201-500
Private
-
1999
WD
Walter Di CesareSenior Vice President and General Counsel
$167.3M
51-200
Public
-
2014
$16.3M
51-200
Private
-
2006
KS
Kelli StoneVice President, Business Development
$10.7M
201-500
Private
-
2011
DL
Don LaslowManager, Purchasing
$6.3M
201-500
Private
-
1998
BL
Benjamin LuckyOrigination Associate Director, Marketing
Illustration of an envelope

Company Profile Activity

i

Among all Energy, Utilities & Waste companies

Low Activity

High Activity

Activity Insights

Forty Mile is experiencing very low activity levels compared to other companies in the Energy, Utilities & Waste sector.

What does this means?

Forty Mile is drawing exceptional interest within the Energy, Utilities & Waste industry, suggesting notable developments or strong market momentum, learn more about Forty Mile.

Forty Mile Tech Stack

A closer look at the technologies used by Forty Mile

Top Electricity, Oil & Gas Companies

Frequently Asked Questions Regarding Forty Mile

What is Forty Mile's official website?
Forty Mile's official website is www.fortymilewind.com
What is Forty Mile's Revenue?
Forty Mile's revenue is $24 Million
What is Forty Mile's SIC code?
Forty Mile's SIC: 49,491
What is Forty Mile's NAICS code?
Forty Mile's NAICS: 22,221
How many employees does Forty Mile have?
Forty Mile has 201-500 employees
What industry does Forty Mile belong to?
Forty Mile is in the industry of: Electricity, Oil & Gas, Energy, Utilities & Waste
What is Forty Mile competition?
Forty Mile top competitors include: Capstone Infrastructure, Evolugen, BHE Canada, Genalta Power
What technology does Forty Mile use?
Some of the popular technologies that Forty Mile uses are: reCAPTCHA, Umbraco, YouTube, Video.js
How do I contact Forty Mile?
Forty Mile contact info: Phone number: (514) 525-2113 Website: www.fortymilewind.com
What does Forty Mile do?

RES in partnership with BHE Canada submitted the Forty Mile Project to the last Request for Proposals of the Alberta Electric System Operator (AESO) in October 2018. While we produced a quality submission with a competitive price, the Project was unfortunately not selected by AESO. With never-seen-before prices around 3.5 to 4 cents per kWh, wind i... s clearly the most affordable source of power today, in addition to being a solution to the greatest environmental challenge of our time: climate change. Alberta is nowhere close to completing its decarbonization of its electricity sector and many new opportunities still remain After submitting our power plant application in the fall of 2017 to the Alberta Utilities Commission (AUC), and going through a brief public hearing in June 2018, the Project received its approval from the AUC at the end of August 2018. RES continues to invest into this important project, and achieving this milestone provides investors and the AESO with great certainty on the Projects feasibility and readiness. The Decision Summary from the AUC reads as follows: In this decision, the Alberta Utilities Commission must decide whether to approve an application from BHEC-RES Alberta G.P. Inc. to construct and operate a wind power project and a collector substation in the Bow Island area. After consideration of the record of the proceeding, and for the reasons outlined in this decision, the Commission finds that approval of the project is in the public interest having regard to its social, economic, and other effects, including its effect on the environment. The full report from the AUC is available here . To see all documentation related to the filing please go to the AUC website at www.auc.ab.ca (Project ID #: 22966) or contact us. April, 2018 - The Project application with the AUC is now officially complete. A project hearing is likely to be scheduled in June or July and a final decision on the project could be rendered in the early fall. This timeline fits well with the Renewable Electricity ...Read More

Is Forty Mile a public company?
Forty Mile is private company therefore does not currently have an official ticker symbol
See more information about Forty Mile

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