Wataynikaneyap Power seeks approval to construct the

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
35
Wataynikaneyap Power seeks approval to construct the Wataynikaneyap Power Transmission Project

THUNDER BAY, Ontario, June 13, 2018 (GLOBE NEWSWIRE) -- Wataynikaneyap Power LP (Wataynikaneyap Power) announced today that it has filed a leave to construct application with the Ontario Energy Board (OEB) to construct and operate the Wataynikaneyap Power Transmission Project. 

The Wataynikaneyap Power Transmission Project is an unprecedented First Nations-led project to build approximately 1,800 kilometres of transmission lines in Northwestern Ontario to connect 17 First Nations communities to the Ontario power grid. The project will reinforce the existing transmission grid to Pickle Lake and will expand grid service north of Pickle Lake and Red Lake to ultimately connect 17 First Nations communities.

"We are very pleased to see continued progress on the Wataynikaneyap Power Transmission Project. This is an incredibly important project that will provide clean, reliable power to the First Nations communities in Northern Ontario that are currently living off the grid and relying on very expensive, environmentally-unfriendly diesel generators to power their homes and businesses," said Margaret Kenequanash, CEO of Wataynikaneyap Power.

Filing a leave to construct application under Section 92 is an OEB requirement for any company proposing to build an electricity transmission line in Ontario. The application provides details of the project such as timing, design and costs, and is an OEB requirement for any company proposing to build an electricity transmission line in Ontario.   

"Filing the leave to construct application is the next significant milestone in the Wataynikaneyap Project. We are committed to this important project and honoured to work with our 22 First Nations partners in seeing it come to fruition. This filing is a major step forward on that journey,” said Scott Hawkes, President and CEO of FortisOntario Inc. and Wataynikaneyap Power PM Inc.

About Wataynikaneyap Power: 

Wataynikaneyap Power LP ("Wataynikaneyap Power") is a licensed transmission partnership equally owned by 22 First Nation communities (51%), in partnership with Fortis Inc. (49%).  FortisOntario Inc., a wholly owned subsidiary of Fortis Inc., and an electricity transmission and distribution utility holding company based in Ontario, owns 49% of the general partner of Wataynikaneyap Power and acts as the project manager through Wataynikaneyap Power PM Inc. To connect remote First Nations communities to the electrical grid, Wataynikaneyap Power will develop, manage construction, and operate approximately 1,800 kilometres of 230 kV, 115 kV, and 44 kV lines in northwestern Ontario. For further information visit www.wataypower.ca .  About FortisOntario: FortisOntario Inc. ("FortisOntario") is an electric utility, which owns and operates Canadian Niagara Power Inc., Cornwall Street Railway Light & Power Company Ltd., and Algoma Power Inc., serving approximately a combined 65,500 customers. FortisOntario also owns regulated transmission assets with approximately 3,460 kilometres of distribution and transmission lines, and meets a peak demand of approximately 248 MW. FortisOntario also act as project manager for the Wataynikaneyap Power Transmission Project. For further information visit www.fortisontario.com . FortisOntario is a subsidiary of Fortis Inc., a leader in the North American regulated electric and gas utility industry. For further information visit www.fortisinc.com .

Media Contacts:

Kristine Carmichael, Director of Corporate and Customer Services, FortisOntario Inc. (905) 994-3637 – Kristine.Carmichael@fortisontario.com

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Top 5 Most Recently Viewed Articles

Investor Outlook on New Fortress Energy Inc's Stock Trends

Updated Category News Views 211

Market Sentiment Surrounding New Fortress Energy Inc New Fortress Energy Inc (NYSE:NFE) has recently witnessed a notable change in its short interest dynamics. The percentage of shares sold short has seen an increase of 13.13% since the last reporting period, with the current figure standing at a significant 52.32 million shares. This translates to approximately 25.67% of...

Continue Reading
Online Spending Trends Highlight Disparities in Consumer Habits

Updated Category News Views 251

Consumer Spending Insights on Cyber Monday Cyber Monday provided a fascinating glimpse into consumer spending behavior, illustrating a notable divide. Wealthy shoppers indulged in holiday shopping, while lower-income households focused on snagging discounts across various platforms. Impressive Cyber Monday Sales Figures In the latest report, U.S. shoppers collectively...

Continue Reading
PNC Bank Introduces Mobile Accept, Revolutionizing Payments

Updated Category News Views 392

PNC Bank Launches Innovative Mobile Payment Solution PNC Bank has recently unveiled an exciting new offering designed to empower small business owners: PNC Mobile Accept. This groundbreaking payment processing solution allows micro businesses to securely accept card payments through the PNC Mobile Banking App. Given the rising need for convenient payment options in...

Continue Reading
Automotive Glass Market Growth Driven by EV Innovations

Updated Category News Views 163

Insights into the Automotive Glass Market Landscape Automotive glass is pivotal in maintaining vehicle safety, structural integrity, and ensuring optimal visibility for drivers and passengers. Over recent years, advancements in technology have elevated the durability and impact resistance of laminated and tempered glass. These improvements make automotive glass suitable...

Continue Reading
Kuro at Hard Rock Hotel & Casino Achieves Top National Recognition

Updated Category News Views 114

Kuro Achieves National Recognition as Top Hotel Restaurant Kuro, the renowned Japanese craft kitchen at Hard Rock Hotel & Casino, has taken center stage by being hailed as the top hotel restaurant in the nation. This prestigious recognition by USA TODAY's 10BEST reflects Kuro's unwavering commitment to delivering an exceptional culinary experience, which has now placed it...

Continue Reading