Glossary

“EBITDA” is defined as earnings before interest, taxes, depreciation, amortization, investment income and non-controlling interest. EBITDA is not a measure of performance under Canadian generally accepted accounting principles.

“gigawatt” or “GW” means one million kilowatts of electrical power

“gigawatt hour” or “GW-hr” means one million kilowatt hours of electrical power

“kilowatt” or “kW” means 1,000 watts of electrical power

“kilowatt hour” or “kW-hr” means an hour during which one kilowatt of electrical power has been continuously produced; a kW-hr can be best visualized as the amount of electricity consumed by ten 100-watt light bulbs burning for one hour

“megawatt” or “MW” means 1,000 kilowatts of electrical power

“megawatt hour” or “MW-hr” means 1,000 kilowatt hours of electrical power

“PPA” means power purchase agreement

“run-of-the-river” means a mode of operation of a hydroelectric power generating facility where there is a continuous discharge of water from the facility with no storage and release of water

“terawatt hour” or “TW-hr” means one billion kilowatt hours of electrical power