Electrical Business

News
Fortis concludes agreements to invest in 335MW Waneta Expansion


October 9, 2010
By Anthony Capkun

Fortis Inc.—in partnership with Columbia Power Corp. and Columbia Basin Trust—has concluded definitive agreements to construct a 335MW hydroelectric generating facility (the ‘Waneta Expansion’) at an estimated cost of about $900 million.

The facility is sited near the Waneta Dam and powerhouse facilities on
the Pend d’Oreille River, south of Trail, B.C. Fortis owns a 51%
interest in the Waneta Expansion and will operate and maintain the
non-regulated investment when the facility comes into service, which is
expected Spring 2015. Construction is expected to start Fall 2010.

CLICK HERE for Fortis Inc.