Canada’s US$2.2 billion Lower Mattagami hydroelectric project provides power… – HydroWorld
Total capacity has increased from 486 MW to 924 MW at four fully operational redeveloped hydroelectric projects on the Mattagami River, according to Ontario Power Generation (OPG), thanks to the newly commissioned US$2.2 billion Lower Mattagami hydroelectric project in the Moose River Basin of northeastern Ontario, Canada.
As part of the Amisk-oo-Skow Comprehensive Agreement, the Moose Cree First Nation people will own a 25% equity stake in the project, which is one of the largest hydroelectric rehabilitation efforts in the area during the past 50 years.
Through its Moose Band Development Corp. (MBDC), Moose Cree First Nation entered into the agreement in 2010 with OPG, the project’s developer and local utility. OPG receives the remaining 75% of equity.
According to OPG, “Moose Cree businesses have also been awarded over C$300 million [US$2.5 million] worth of sub-contracts since the project began [in 2010] and, at peak construction, 1,600 people worked on the project including more than 250 First Nation and Métis workers.”
