Canada Infrastructure Bank to work with the Government of Northwest Territories on Taltson Hydroelectricity Expansion Project
Canada Infrastructure Bank (CIB) and Government of Northwest Territories (GNWT) have announced their advisory services engagement on the proposed Taltson Hydroelectricity Expansion Project. CIB will assist the GNWT in developing the project’s financial structure and business case.
The Government of Northwest Territories has two isolated electricity transmission systems to service the North Slave (Snare Grid) and South Slave (Taltson Grid) regions. The GNWT plans to expand the existing Taltson generating station by constructing a new 60 megawatt, clean energy hydroelectric facility and 270 kilometers of transmission lines to connect the two electrical systems.
Once operational, the new Taltson generating station has the potential to eliminate an estimated 240,000 tonnes of greenhouse gas emissions annually by replacing existing diesel power generation. It will also increase electricity reliability in the regions.
CIB’s work could lead to future investment in the project, subject to all standard due diligence and decision making.
Country updates
-
-
September 02, 2019
DWPF advises Plenary group and PCL Construction for Corner Brook Acute Care Hospital
DWPF provided model audit advice to Plenary Group and PCL Construction on the financing of the Corner Brook Acute Care Hospital P3. The project was procured by the Government of Newfoundland and Labra...
Read more -
August 28, 2019
Construction started for Tlicho all season road project in Whati
Government of the Northwest Territories (GNWT), Canada, held a ground-breaking ceremony in the community of Whati to celebrate the commencement of construction of the Tlicho All-Season Road (Tlicho Ro...
Read more -
August 28, 2019
Infrastructure Ontario selects PB for $1.1B Hurontario LRT P3
Infrastructure Ontario (IO) has selected Mobilinx as the preferred proponent to design, build, finance, operate and maintain the Hurontario Light Rail Transit project.
Read more -
August 22, 2019
Canada Infrastructure Bank Signs MoU with the Port of Montreal on Contrecoeur Port Expansion Project
The Canada Infrastructure Bank (CIB) announced that it will work with the Montreal Port Authority (MPA) to advance the project development of a new container terminal in Contrecoeur, where the port pl...
Read more -
August 22, 2019
RFP issued to shortlisted teams for NL mental health facility project
The government of Newfoundland and Labrador has issued a request for proposals to the three shortlisted teams for the Mental Health and Addictions Facility project. The shortlisted teams are...
Read more
