H2O Innovation Inc.’s operation and maintenance (O&M) services subsidiary Utility Partners LLC (UP) has renewed two contracts and extended the scope of work of two municipal projects. Totaling $5.1 million, H2O Innovation now has an O&M business backlog to $53.3 million.
Export Development Canada’s (EDC) latest green bond has been priced. Set at $500 million with a 1.8 fixed rate, the bond will become due on September 1, 2022. Expected to settle on September 5, the lead underwriters were B of A Merrill Lynch , RBC Capital Markets, TD Securities Inc.
After Capital Power Corp. inked an agreement to sell 87% of the electricity generated from the yet to be constructed New Frontier Wind project, the Calgary-based company is moving to immediately begin work on the 99 MW project.
Vancouver’s General Fusion has hired two industry veterans to help lead the company through the development of a proof-of-concept fusion reactor. David Kanuch and Matt Miles join the firm to oversee the engineering design and systems integration activities.
The $60 million in federal funding to connect the Pikangikum First Nation to Ontario’s electricity grid is a major step forward in helping many First Nations communities in the province kick the diesel habit. The Pikangikum Power Line Project, a 117 km of transmission line, is scheduled to start construction in October with completion anticipated in November 2018.