PORT HAWKESBURY, N.S. – POINT TUPPER – Port Hawkesbury Paper has signed a memorandum of understanding with the Canada Infrastructure Bank and IFE Project Management Canada to work on a potential wind farm development that would supply greener power to the mill.
“CIB was approached by the mill’s development partners early in the year to assist with due diligence during the project planning phase,” Terence Foran, the bank’s director of corporate communications, wrote. “The wind farm is a great opportunity to collaborate and supports one of CIB’s priority sectors – green infrastructure.”
The wind farm would be located in Pirate Harbour, which is in Guysborough County. It would be a 112-megawatt wind farm, with 28 four-megawatt wind turbines, 15 kilometres of overland transmission lines and two kilometres of subsea cables.
The wind farm would supply green energy to Port Hawkesbury Paper, which is the largest industrial employer in the region. The project is also described as supporting provincial and federal commitments to the environment and the mill’s commitment to environmental sustainability.
Allan Eddy, the mill’s development manager, could not be reached for comment.
“Port Hawkesbury Paper is excited to continue the evaluation of the Pirate Harbour Wind Farm with the assistance of the CIB and the support of the province in order to help further governmental commitments on the environment and enhance long-term environmentally sustainable paper production at the mill,” mill co-manager Bevan Lock said in a news release.
Since the mill reopened in 2012 under new owners after a year-long sales process, efforts have been made to diversify its operations and make it more sustainable.
The agreement states that the Canada Infrastructure Bank will conduct due diligence work during the project evaluation and planning phase.
CIB’s work could lead to an investment in the project, subject to all standard due diligence and decision making.
The news release describes a decision to go ahead with building the wind farm as a landmark in Atlantic Canada because it would be the first time a paper mill or any large industrial facility has chosen to work with a wind developer to purchase green energy.
The mill makes supercalendered paper for the magazine and catalogue market and directly employs about 330 people, supporting hundreds of additional jobs in the harvesting and trucking of wood.
CIB is a Crown corporation with a mandate to invest $35-billion in federal funds and attract private-sector investment into new revenue-generating infrastructure projects. Public transit, trade and transportation, green infrastructure and broadband are priority sectors for investment.
The Pirate Harbour project is CIB’s eighth.
Port Hawkesbury Paper and IFE will lead the design, construction and financing of the wind farm.
|Wind Watch relies entirely
on User Funding