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Alberta Settles $95M Coal Policy Dispute with Evolve Power

10/24/2025

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Summary

Story summary

The Alberta government will pay $95 million to Evolve Power in a coal-policy settlement.
Earlier this year, the province settled with Atrum Coal for $143 million over 2020–2021 coal-policy changes.
Both companies sued the government for $15 billion after policy shifts affected their projects.
Evolve Power will surrender its Chinook and Greenfield leases.
Critics, including the Alberta NDP, say coal-policy changes cost taxpayers; the government cites settlement details restrictions.

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Story summary

The Alberta government will pay $95 million to Evolve Power in a coal-policy settlement.
Earlier this year, the province settled with Atrum Coal for $143 million over 2020–2021 coal-policy changes.
Both companies sued the government for $15 billion after policy shifts affected their projects.
Evolve Power will surrender its Chinook and Greenfield leases.
Critics, including the Alberta NDP, say coal-policy changes cost taxpayers; the government cites settlement details restrictions.