CIB loans $139.5M to BC Hydro for North Coast Transmission Line early works – ReNew Canada
November 14, 2025
The Canada Infrastructure Bank (CIB) has reached financial close on a $139.5 million loan to BC Hydro to support the early works phase of the North Coast Transmission Line (NCTL) project.
The early works include pre-construction activities such as project planning, engineering, fieldwork, procurements, consultation with First Nation communities, stakeholder engagements and enabling works to improve site access.
“Northern British Columbia is seeing strong economic growth with opportunities in port expansion and critical minerals mining. The CIB’s involvement in early works will create jobs and support pre-development activities required for the broader NCTL. It will also help to ensure NCTL construction timelines remain on track while respecting the Crown’s commitment to First Nations, in order to meet the demand for clean energy in the province,” said Ehren Cory, CEO, Canada Infrastructure Bank.
