What Aeolis Wind Power Corporation does

Aeolis Wind Power Corporation is a private British Columbia wind energy developer founded in 2003 by Juergen Puetter and headquartered in Sidney/Victoria, BC. The company identifies, leases, and develops wind farm sites in two geographic clusters — northeastern BC's Rocky Mountain foothills (its primary focus, encompassing 13+ named projects with combined potential above 2,500 MW) and coastal Vancouver Island — and has secured two projects to commercial operation: the 102 MW Bear Mountain Wind Park (now owned by AltaGas) commissioned in November 2009 and the 15 MW Moose Lake Wind Farm, developed with Boralex under BC Hydro's Standing Offer Program, commissioned in April 2019.

The technical platform centers on proprietary wind resource assessment. Aeolis operates over 40 meteorological towers across its sites and was the first Canadian wind developer to apply LiDAR technology (ZephIR from Natural Power, WindCube from Leosphere) for hub-height and blade-tip wind measurement. Data is transmitted via satellite and CDMA networks to the Victoria head office, where it is processed through WindPro and WindSim computational fluid dynamics software for site assessment and turbine layout optimization. Wind resource analysis is offered as an in-house technology service to project partners.

Commercially, Aeolis is a project developer and originator rather than an owner-operator. Revenue is generated through development fees, carried equity, and partnership economics on constructed projects. Electricity offtake is secured exclusively via Electricity Purchase Agreements with BC Hydro under its Standing Offer Program, with constructed projects typically developed and financed with strategic partners such as Boralex (Moose Lake) and Brookfield Renewable Power (Thunder Mountain, controlling interest acquired 2011). Distribution is wholly domestic (British Columbia) and concentrated on BC Hydro as the single utility counterparty, with future optionality to serve BC's LNG industry for low-carbon power supply.

Name

Aeolis Wind Power Corporation

Legal name

Aeolis Wind Power Corporation

Website

https://aeoliswind.ca

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

11–50 employees

Short description

Aeolis Wind Power Corporation is a private British Columbia wind energy developer that originates, leases, and develops utility-scale wind farm projects in northeastern BC and coastal Vancouver Island, selling electricity to BC Hydro under long-term agreements and partnering with Boralex and Brookfield Renewable Power for project execution.

Ownership category

akta.pro rank

Product category

Wind Energy Generation

NAICS

Wind Electric Power Generation (221115), Electric Power Generation, Transmission and Distribution (2211)

SIC

Electric Services (4911), Engines & Turbines (3510)

akta.pro primary industry

Wind Farm Development & Permitting (Greenfield/Brownfield) (EUACAFAE)

akta.pro secondary industries

Wind Farm EPC & Balance of Plant Construction (Civil, Electrical, Substations) (EUAMACAF), Wind Power Plant EPC (Onshore/Offshore) (EUAEAAAF), Onshore Wind Power Generation (Utility-Scale) (EUACAFAA)

Keywords

• Wind energy development
• Wind farm projects
• Renewable energy generation
• Wind resource analysis
• Electricity purchase agreements

Headquarters

HQ city

Sidney

HQ country

Canada

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Supply Chain, Marketing or Sales

Revenue model

1. BC Hydro Electricity Purchase Agreements: Aeolis develops wind projects and sells electricity to BC Hydro under long-term EPAs. The Moose Lake project was based on an EPA concluded in December 2015 under BC Hydro's Standing Offer Program (SOP).
2. Project Development Services: Aeolis leads development of wind projects from wind resource assessment through construction, including environmental assessments, permitting, and power purchase agreement procurement.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Aeolis Wind Power Corporation develops utility-scale wind farm projects across northeastern British Columbia and coastal Vancouver Island. The company leads end-to-end wind project development — from wind resource assessment using LiDAR and CFD modeling, through permitting and environmental assessment, to construction and commissioning — and sells the generated electricity to utilities under long-term Electricity Purchase Agreements (EPAs), primarily through BC Hydro's Standing Offer Program.

Product overview

Aeolis Wind Power Corporation is a British Columbia wind energy developer operating a portfolio of wind farm projects across two geographic regions: Northeastern BC (the primary focus with exceptional wind resources in the Rocky Mountain foothills) and the Coast (Vancouver Island). The company offers wind farm development services from site identification through construction, supported by in-house technical expertise in wind resource analysis using LiDAR technology and computational fluid dynamics. Currently, two wind farms are operational: Bear Mountain (102 MW, operational since 2009) and Moose Lake (15 MW, operational since 2019). Multiple projects are in various development stages including Thunder Mountain (up to 400 MW), Hackney Hills (380 MW), and numerous other sites across northeastern BC with combined potential exceeding 2,500 MW. The company also developed proprietary wind data analysis capabilities utilizing ZephIR and WindCube LiDAR systems along with WindPro and WindSim CFD modeling software.

Differentiator

Problem solved

Functional benefit

Products and services

• Bear Mountain Wind Park Operational 102 MW wind farm developed by Aeolis as BC's first fully operational wind project, currently owned by AltaGas Ltd.
• Moose Lake Wind Farm Operational 15 MW wind farm developed in partnership with Boralex under BC Hydro's Standing Offer Program, generating electricity under long-term EPA for BC Hydro.
• Thunder Mountain Wind Project Development-stage wind project up to 400 MW in the Peace River District; Brookfield Renewable Power holds a controlling interest with major permitting in place.
• Hackney Hills Wind Project Development-stage 380 MW wind project with exceptional wind values on provincial Crown land in northeastern BC.
• Wind Resource Analysis Services In-house wind data collection and analysis using meteorological towers, LiDAR technology (ZephIR, WindCube), and computational fluid dynamics software (WindPro, WindSim); Aeolis was the first Canadian wind developer to apply LiDAR for enhanced data accuracy.

Quantifiable outcome

• Moose Lake achieves gross capacity factor exceeding 50%, comparable to Site C dam
• +3 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Two partnerships are on record, tiered core and minor.

• BoralexcoreStrategic or Co-development PartnerQuebec-based Boralex partnered with Aeolis to develop the 15 MW Moose Lake Wind Farm under BC Hydro's Standing Offer Program. Boralex is a major renewable energy developer. The partnership milestone was celebrated at the June 19, 2019 inauguration ceremony with West Moberly First Nation involvement.
• Blue Fuel EnergyminorStrategic or Co-development PartnerRelated company founded by Juergen Puetter in 2007 to convert wind and hydro power into low-carbon methanol (liquid electricity). Blue Fuel Energy integrates with wind projects to produce clean-burning fuels for transportation and industrial markets.

Scale indicators6 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Pattern Energy Group: North American wind and solar developer owning and operating utility-scale facilities. Comparable as a project developer pursuing long-term corporate and utility PPAs, with similar capacity factor and project economics orientation.
• Innergex Renewable Energy Inc. Canadian renewable energy developer and operator with significant wind, hydro, and solar assets across BC, Quebec, and the US. Operates similar project development, PPA negotiation, and long-term utility off-take business model.
• Northland Power Inc. Canadian-based developer and operator of wind, solar, and natural gas facilities across North America and Europe. Comparable as a wind project developer pursuing long-term utility PPAs with similar capacity factor and project economics profile.
• Boralex Inc. Quebec-based renewable energy developer and IPP with a multi-GW North American wind, solar, hydro, and storage portfolio. Direct partner with Aeolis on Moose Lake Wind Farm and shares the same Canadian wind development and BC Hydro EPA business model.

Broad incumbents

• TransAlta Corporation: One of Canada's largest power generators with a portfolio spanning wind, hydro, natural gas, and coal across multiple provinces. Operates wind assets in Alberta and BC and competes for utility and industrial renewable PPAs in the same Western Canadian market.
• Brookfield Renewable Partners: One of the world's largest publicly traded renewable power platforms with hydro, wind, and solar assets globally. Acquired controlling interest in Aeolis's Thunder Mountain project and is a natural financial partner and comparable capital partner for utility-scale wind development.
• Capital Power Corporation: Canadian power generation IPP with wind, solar, natural gas, and coal assets, including Alberta and BC wind projects. Competes in the same Western Canadian utility-scale renewable development space.
• Enel Green Power: Global renewable energy developer with significant wind and solar operations across North America. Comparable in utility-scale wind project development, permitting expertise, and PPA negotiation capabilities.
• EDF Renewables North America: US arm of EDF's global renewable energy development business, with operating wind, solar, and storage projects. Comparable as a large-scale wind project developer with utility PPA relationships and project development expertise.

Regional players

• AltaGas Ltd. Canadian infrastructure and energy company that owns and operates the 102 MW Bear Mountain Wind Park originally developed by Aeolis. Now operates as Aeolis's downstream partner/owner rather than competing developer, but represents a similar Western Canadian renewable energy footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Aeolis Wind Power Corporation