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St-Félicien Cogeneration Signs 25-Year PPA with Hydro‑Québec
Quebec, Canada, 11 June 2025 – St-Félicien Cogeneration Power Plant (SFC), a 22MW biomass facility located in Saint-Félicien, today announces the signing of a 25-year power purchase agreement (PPA) with Hydro‑Québec, Canada’s largest electric utility and one of the world’s leading hydropower producers.
Under the terms of the agreement, Hydro‑Québec will purchase all of the electricity output of the plant. This extends the existing PPA between Hydro‑Québec and SFC, which has been in place since 2001, demonstrating the long-term demand for SFC’s baseload renewable power and the rapidly advancing bioeconomy in Quebec. SFC is a subsidiary of Greenleaf Power, a leading energy transition company focused on recycling biomass waste into renewable, reliable energy.
The power plant has a net capacity of approximately 22 MW of electricity, equivalent to powering up to 4,310 homes. The plant also produces steam which is provided to the adjacent sawmill. By using bark – a byproduct of sawmill operations – and residual forest biomass to produce renewable energy, SFC is contributing to emissions reduction goals and improving forest health in the region.
Pascal Turcotte, plant manager at SFC commented: “We are pleased to announce the extension of our contract term with Hydro‑Québec for another 25 years. With this agreement in place, we remain focused on our goal of optimizing operations and generating long-term value at SFC. Together with Hydro‑Québec, we are committed to building Quebec’s bioeconomy, creating stable jobs for local communities and meeting Quebec’s decarbonization objectives.”
Mr. Yannick Baillargeon, Prefect of the MRC Domaine du Roy, commented: “We are pleased that Hydro-Québec has renewed the agreement as it supports the development of biomass resources for the production of clean energy and the bioeconomy in our region.”
NOTES TO EDITORS
About St-Félicien Cogeneration Power Plant
St-Félicien Cogeneration Power Plant (SFC) is located in Saint-Felicien, Quebec, Canada, approximately 300 miles north of Montreal. The plant was built in 2001 with Greenleaf taking ownership in 2013.
The power plant has a net capacity of approximately 22 MW of electricity. It is capable of providing “always-on” renewable energy for as many as 4,310 homes as well as steam which is provided to the adjacent sawmill. The biomass facility sells its electrical output to Hydro-Quebec under a long-term agreement. SFC began commercial operations in 2001.
About Greenleaf Power
Greenleaf Power LLC, headquartered in Sacramento, California, is a leading provider of renewable energy in North America that owns and operates 90 MW of dependable generation, fueled by sustainable biomass material. Greenleaf was formed as a portfolio company of Denham Capital to acquire and operate baseload biomass power plants and improve those plants’ performance through implementation of fuel-supply risk mitigation, contract management, cost discipline, leveraging operating synergies, and applying best-in-class management and operations practices to extend the economic lives of the plants. Greenleaf directly employs more than 130 people and creates nearly 500 local dedicated jobs collecting, processing, and delivering fuel and consumables to its generating plants.
About Hydro-Québec
Hydro-Québec generates, transmits and distributes electricity. It is Canada’s largest electricity producer and one of the world’s largest hydroelectric power producers. Its sole shareholder is the Québec government. As a leader in hydropower and large transmission systems, Hydro-Québec exports clean, renewable power and commercializes its expertise and innovations on world markets.
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