Table 3: Canadian IPPs with most water licences (end 2006) Licensee Number of licences Hydromax Energy Ltd. 38 Plutonic Power Corporation 30 Alpine Power & 28 Transmission Inc. Cloudworks Energy Inc. 28 Canadian Hydro 15 Developers Inc. KMC Energy Corporation 14 Northwest Cascade 11 Power Ltd. Alice Arm Hydro Electric 10 Corporation Ledcor Power Inc. 10 Source: Ministry of Environment, Water Stewardship Branch