Connect with us

Technology

CIB commits $224.2 million to Port Hawkesbury Paper Wind’s large-scale energy project

Published

3 days ago

on

Goose Harbour Lake Wind Farm will support Port Hawkesbury Paper’s energy needs and Nova Scotia’s clean power transition

$224.2 million towards a significant wind energy project24 wind turbines capable of generating 168 megawatts of electricity13 Mi’kmaw First Nations will buy a 10 per cent stake in the projectTotal project cost is approximately $450 million

Disponible en français

MULGRAVE, NS, Jan. 6, 2025 /CNW/ – The Canada Infrastructure Bank (CIB) is providing $224.2 million in loans to help Port Hawkesbury Paper Wind Ltd build a large-scale wind energy project and support 13 Mi’kmaw First Nations, through Wskijinu’k Mtmo’taqnuow Agency Ltd. (WMA), buy a 10 per cent stake in the project.

The Goose Harbour Lake Wind Farm involves construction and installation of 24 Nordex N163-7.0MW cold climate turbines at a 118 metre hub height with anti-icing system blade technology, producing zero-emission, sustainable electricity generation capacity of 168 megawatts. The lead building team is RES Canada Construction LP.

The wind project will support Nova Scotia’s largest industrial user of electricity, Port Hawkesbury Paper and the provincial energy grid.

The paper mill is a significant contributor to the economic well-being of Nova Scotia, and particularly the eastern region of the province. Economic impact studies confirmed the mill directly employs approximately 325 people, and contracts another 900 jobs, employing hundreds of forestry contractors and suppliers.

The project will create 150 jobs at peak of construction, up to five permanent jobs during the operations phase and generate economic development for the region.

The Indigenous equity loan is the second to WMA, following a deal last year related to an energy storage project in Nova Scotia.

The wind farm is expected to reduce energy production emissions by more than 350,000 tonnes a year, equivalent to 2.4 per cent of Nova Scotia’s emissions in 2021, and help the province’s energy transition, moving from coal to renewables.

Commercial operations are expected to begin in 2026.

The project is being financed under the CIB’s $10 billion Clean Power priority sector, which is dedicated to addressing financing gaps in new projects such as renewables, district energy systems and energy storage.

Endorsements

The Goose Harbour Lake Wind project supports Nova Scotia’s transition to clean energy sources that will significantly reduce the province’s carbon emissions. The CIB’s investment and partnership with Port Hawkesbury Paper Wind Ltd., and Wskijinu’k Mtmo’taqnuow Agency Ltd. (WMA), will create more jobs and bring lasting economic benefits to the region.
Mike Kelloway, Parliamentary Secretary to the Minister of Fisheries and Oceans and the Canadian Coast Guard and Member of Parliament for Cape-Breton–Canso on behalf of the Honourable Nathaniel Erskine-Smith, Minister of Housing, Infrastructure and Communities

Our latest clean power investment in Nova Scotia supports sustainable economic development in the Atlantic province and the delivery of electricity to a paper mill which is a large Nova Scotia employer. The $203.9-million investment will help build one of Nova Scotia’s largest wind energy projects and support all First Nations in the province to buy a meaningful equity stake and have a voice through a board position in the project.
Ehren Cory, CEO, Canada Infrastructure Bank

We are in the midst of an energy transition in Nova Scotia, shifting away from fossil fuels toward clean, sustainable renewable energy such as wind. We have a unique opportunity to harness this low-cost resource to increase our energy security, support our green economy, create green jobs, and help us meet our net-zero emissions goal. We applaud Port Hawkesbury Paper for their contribution to these efforts with the Goose Harbour Lake Wind Farm investment, as well as their continued commitment to a sustainable forest sector in Nova Scotia.
Trevor Boudreau, Nova Scotia Minister of Energy

Our investment in major projects like the Goose Harbour Lake Wind Farm, as well as continued capital upgrade projects and annual major maintenance programs are examples of where we want to grow and help the facility succeed for many years to come. We are excited and proud to be working with all our partners to advance this project which will not only contribute to our mission of making top quality competitive forest products, but at the same time be a great place to work and be an environmentally responsible and strong contributor to the province of Nova Scotia.
Ron Stern, President, PHP and PHPWind

Our partnership with Port Hawkesbury Paper Wind and the Canada Infrastructure Bank on the Goose Harbour Lake Wind project represents not just an investment in renewable energy, but also a significant step towards empowering our Mi’kmaq communities. By acquiring a stake in this groundbreaking initiative, we are not only contributing to Nova Scotia’s transition to sustainable energy but also supporting industry, creating jobs and fostering economic development in our region. This project embodies our commitment to balancing environmental responsibility with community growth, ensuring a brighter future for generations to come.
Crystal Nicholas, President, Wskijinu’k Mtmo’taqnuow Agency Ltd.

We are immensely proud of Stonebridge Financial’s role in arranging the construction, ITC bridge and long-term debt financing of the 168 MW Goose Harbour Lake Wind Farm.  In partnership with PHP, WMA, and CIB, we successfully navigated financial complexities to ensure the project’s successful execution. This collaboration highlights our ongoing commitment to renewable energy and our ability to facilitate innovative financing solutions that contribute to a sustainable future.
Cam Di Giorgio, Co-CEO, Stonebridge Financial Corporation

The Goose Harbour Windfarm is a model example of each level of government using tools in their toolbox to encourage industry to advance a renewable energy project that will have an incremental impact on reducing our NS carbon footprint. We are proud to support Port Hawkesbury Paper in their efforts to be more sustainable, and we’re proud to have their project in the Municipality of the District of Guysborough. We all need to do our part in supporting projects that help to support the worldwide move to a more environmentally sound community for generations to come.
Paul Long, Warden Municipality of Guysborough

SOURCE Canada Infrastructure Bank

Related Topics:
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Aleut Achieves Prestigious CMMI Level 3 Certification in Four Key Domains

Published

5 minutes ago

on

January 9, 2025

By

RESTON, Va., Jan. 9, 2025 /PRNewswire/ — Aleut Federal LLC (Aleut) proudly announces it has earned Capability Maturity Model Integration (CMMI) Level 3 certification in four key domains: Development (CMMI-DEV), Services (CMMI-SVS), Security (CMMI-SEC), and People Management (CMMI-PPL). This significant achievement highlights Aleut’s commitment to operational excellence and its ability to deliver high-quality, efficient and secure solutions. It demonstrates Aleut’s strength in optimizing product development, improving service delivery, enhancing security, and aligning workforce management to drive performance and engagement. 

CMMI, developed by the globally recognized CMMI Institute, is a framework for assessing and improving organizational performance. Achieving Level 3 certification affirms that Aleut’s processes are clearly defined, consistently applied, and supported by robust standards, tools, and methodologies. This milestone underscores the company’s ongoing dedication to operational excellence, mitigating risk, and delivering measurable performance success.

“This certification shows our customers that Aleut doesn’t just meet their mission-critical needs – we excel at it,” said Nick Trzcinski, President of Aleut Federal. “We are committed to continuous improvement, innovation, and delivering exceptional value. Aleut is a partner our customers can trust.”

Aleut’s CMMI Level 3 certification enhances its ability to deliver high-quality outcomes across all projects while optimizing efficiency and minimizing risks. Complemented by the company’s ISO 9001 certification for quality management, these achievements reinforcing Aleut’s adherence to internationally recognized standards, solidifying its position as a reliable and innovative partner for federal clients.

To read Aleut Federal’s CMMI Appraisal, click here.

ABOUT ALEUT FEDERAL
Aleut Federal LLC, a holding company within The Aleut Corporation’s federal services portfolio, is an Alaska Native-owned enterprise delivering vital services to the U.S. government across four primary sectors: Technology, Mission Support, Environmental, and Construction. Established under the Alaska Native Claims Settlement Act (ANCSA) of 1971, The Aleut Corporation is one of 12 regional Alaska Native corporations. Aleut Federal’s subsidiaries, including Small Business Administration (SBA) certified 8(a) program participants and Small Disadvantaged Business (SDB) entities, bring specialized capabilities to meet the diverse needs of federal agencies.

By achieving CMMI Level 3 certification, Aleut Federal strengthens its standing as an industry leader, driving performance excellence while delivering mission-focused solutions with unmatched quality and efficiency.

Contact:
Berlyn Martin
Aleut Federal, LLC
Phone: 276-244-3319

View original content to download multimedia:https://www.prnewswire.com/news-releases/aleut-achieves-prestigious-cmmi-level-3-certification-in-four-key-domains-302347358.html

SOURCE Aleut Federal, LLC

Continue Reading

Technology

Lowell Observatory Scientists to Present New Research at American Astronomical Society Winter Meeting- Including New and Unexpected Insights on Planet Formation

Published

5 minutes ago

on

January 9, 2025

By

Lowell Observatory researchers will join more than 3,000 astronomers at AAS245 in Maryland from January 12-16, 2025

FLAGSTAFF, Ariz., Jan. 9, 2025 /PRNewswire/ — The American Astronomical Society’s winter meeting is the largest annual gathering of astronomers in the United States, and Lowell Observatory will be well-represented this year. Executive Director Dr. Amanda Bosh and Director of Science Dr. Gerard van Belle—both of whom just stepped into their positions—lead a contingency of more than a dozen scientists and support staff attending the meeting.

Lowell Observatory will be in attendance at Exhibitor Booth 521, with its astronomers, postdocs, predocs, and other researchers available to discuss their latest science research. Of particular note, Postdoctoral Fellow Taylor Kutra will share unexpected new ways planets may form, based on a study of a binary star system in Taurus that she leads. Kutra will present her findings during both a Tuesday (January 14) science session and Thursday (January 16) press conference.

Other Lowell Observatory scientists will present on topics including comets, asteroids, the Sun and Sun-like stars, exoplanets, a variety of star types, dwarf irregular galaxies, and space-based interferometry.

Bosh says, “The winter meeting of the AAS is a critical opportunity for astronomers at all stages of their careers to share their latest research and interact with colleagues from around the world. Lowell Observatory is pleased to send a strong contingency of our science team to actively participate in this year’s meeting in National Harbor.”

Media are welcome to attend AAS245 in person. A limited virtual attendance option is also available, with live access to press conferences, plenary talks, select town halls, and a virtual oral session. See https://aas.org/meetings/aas245/press.

AAS245 website: https://aas.org/meetings/aas245

AAS245 Presentations by Lowell Observatory Scientists: Full Schedule Here

About Lowell Observatory
Founded in 1894, Lowell Observatory in Flagstaff, Arizona, is a renowned nonprofit research institution. It is the site of historic and groundbreaking discoveries, including the first evidence of the expanding universe and the discovery of Pluto. Today, Lowell’s astronomers utilize global ground-based and space telescopes, along with NASA spacecraft, for diverse astronomical and planetary science research. The observatory hosts over 100,000 annual visitors for educational tours, presentations, and telescope viewing through a suite of world-class public telescopes.

View original content to download multimedia:https://www.prnewswire.com/news-releases/lowell-observatory-scientists-to-present-new-research-at-american-astronomical-society-winter-meeting–including-new-and-unexpected-insights-on-planet-formation-302347343.html

SOURCE Lowell Observatory

Continue Reading

Technology

CRTC consults on market dynamics within Canada’s broadcasting system

Published

5 minutes ago

on

January 9, 2025

By

OTTAWA, ON and GATINEAU, QC, Jan. 9, 2025 /CNW/ – Today, the CRTC is taking another step forward to implement the modernized Broadcasting Act (the Act) by launching a public consultation on market dynamics within Canada’s broadcasting system.

Through this consultation, the CRTC will explore the dynamics between small, medium and large broadcasters, television service providers and online streaming services. The goal is to help ensure that Canada’s broadcasting system is sustainable, fair and competitive.

The CRTC is welcoming comments until February 24, 2025. Interested persons can participate by:

filling out the online form;writing to the Secretary General, CRTC, Ottawa, Ontario K1A 0N2;sending a fax to 819-994-0218.

As part of this consultation, the CRTC will hold a public hearing starting on May 12, 2025.

All comments will form part of the public record and will inform the CRTC’s decision.

The launch of today’s consultation follows a number of recent actions the CRTC has taken to implement the modernized Act. To find out more, check out the CRTC’s regulatory plan.

Quick facts

The CRTC is an independent quasi-judicial tribunal that regulates the Canadian communications sector in the public interest. The CRTC holds public consultations on telecommunications and broadcasting matters and makes decisions based on the public record.First Nations, Inuit, and Métis peoples and Indigenous organizations requiring assistance submitting comments, including oral interventions, can contact the CRTC’s Indigenous Relations Team.

Associated links

Participate in the consultationRegulatory PlanModernizing Canada’s broadcasting framework

Stay Connected
Follow us on X @CRTCeng
Like us on Facebook

SOURCE Canadian Radio-television and Telecommunications Commission

Continue Reading

Trending