Wataynikaneyap Power Celebrates Formal Agreement Signing – NNL

by ahnationtalk on July 23, 201945 Views

July 23, 2019

THUNDER BAY – Wataynikaneyap Power LP (“Wataynikaneyap Power”) and the Government of Canada celebrated the signing of agreements that formalized support for the Northern Ontario Grid Connection Project (“the Project”). The signing secures the terms of Canada’s support of $1.6 billion for the Project which was formally announced in March 2018.

Margaret Kenequanash, CEO of Wataynikaneyap Power, along with the Honourable Seamus O’Regan, Minister of Indigenous Services, Gary Smith, Executive Vice President of Fortis Inc. (“Fortis”) and FNLP Executive Council, gathered to recognize the significance of finalizing the agreements that will connect 17 diesel-dependant First Nations communities to Ontario’s power grid, the first of which was connected in December 2018. The Wataynikaneyap Power partnership consists of 24 First Nations who are majority owners and leading this Project in partnership with private investors led by Fortis Inc.

Read More: http://www.netnewsledger.com/2019/07/23/wataynikaneyap-power-celebrates-formal-agreement-signing/

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