Power station due to be in operation by mid-November
Vancouver Sun
22-Oct-2005
Construction is entering the final stages at the new power station on China Creek. Project engineers hope to throw the switch on the twin generators in mid-November.
The project has been led by the Hupacasath First Nation, with $2.5 million of the funding from the federal government.
The 6.5-megawatt station will power about 6,000 homes.
Revenues from the project will be paid out to the various equity partners on a quarterly basis.
The city of Port Alberni will receive five per cent, while Ucluelet First Nation will get 10 per cent. The industry partner, Sunex, will take home 12.5 per cent of revenue, leaving 72.5 per cent for project proponent Hupacasath First Nation.
Posted by Arthur Caldicott on 22 Oct 2005
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