RGP POWER PLANT CANADA INC.

RGP Power Plant Canada Inc., also known as Renfrew Power Generation (RPG), is a for-profit company based in Renfrew, Ontario. It was formed in 2000 as a result of the Green Energy Act and is a subsidiary of the Corporation of the Town of Renfrew. RPG owns and operates three power generating plants with two dams in Renfrew, and three control dams on Round Lake, Golden Lake, and Lake Clear. Its core responsibility is to generate and sell power with minimal environmental impact, with the power generated distributed to residents of Renfrew by Renfrew Hydro Inc. The Thomas Low Generating Station has the capacity to generate four megawatts (4MW) of power continuously at full capacity. RPG plays a critical role in everyday living along the shores of the Bonnechere River from Round Lake to Castleford contributing to public safety by closely monitoring water and adjusting water levels and flows. The corporation's value was split into: 50% debt and 50% equity, with The Corporation of the Town holding the debt in the form of a promissory note, and the equity shares. RPG pays interest on the debt at a rate of 7.25% annually to the Town. An annual dividend payment to the Town is paid every year.