Kokish River Hydroelectric Project

Kokish River Hydroelectric Project

Project Description

This low-interest loan is the first of its kind in Canada and will help the ‘Namgis First Nation to build equity in the 45 megawatt run-of-the-river hydroelectric development located within ‘Namgis core territory. The infrastructure is producing electricity for sale to BC Hydro under a 40-year Electricity Purchase Agreement. A portion of the revenue generated each year will be directed into a ‘Namgis Community Benefit Fund.

Project Information

Federal funding : $12.94 M

Procurement Model : Design - Build - Finance - Operate - Maintain

P3 Canada Fund Infrastructure Category : Green Energy Infrastructure