An Edmonton-based forestry company is the latest firm to cancel an agreement to buy electricity from the Sundance C coal-fired power plant.
Millar Western, which operates mills in Whitecourt and Fox Creek, says it expects to record a non-cash writeoff of $21 million.
- Capital Power ditches deal to buy power of Sundance coal-fired plant
- TransCanada becomes latest to terminate Alberta coal-power deals, citing higher costs
- Coal phase-out facilitator says 2030 deadline gives Alberta 'lots of time'
Capital Power and TransCanada Corporation have previously issued notice that it would terminate power purchase agreements from Sundance plants.
Alberta's NDP government announced in November that it planned to impose a carbon tax and phase out coal-fired power plants in order to reduce carbon dioxide emissions.