With the support of nine First Nation partners, Hydro One has filed an application with the Ontario Energy Board to build and operate the Waasigan Transmission Line worth $900 million, providing local economic benefits and supporting northwest Ontario's clean energy future.
The nine First Nations, Lac des Mille Lacs First Nation and eight First Nation communities represented by Gwayakocchigewin Limited Partnership can invest in a 50% equity stake in the project.
Phase one of the project includes a proposed double-circuit 230 kV transmission line from Lakehead Transformer Station (TS) in the Municipality of Shuniah to Mackenzie TS in the Town of Atikokan expected to be operational by the end of 2025. On the other hand, Phase 2 involves a proposed single-circuit 230 kV line from Mackenzie TS to Dryden TS in the City of Dryden anticipated to be in service by the end of 2027. Both the phases include station enhancements to support energization of the lines.
"This project is a major step forward on our commitment to advancing Truth and Reconciliation Call to ivHydro One and Indigenous communities,” said David Lebeter, President and CEO, Hydro One.
Hydro One will work with Indigenous communities and its construction partner Valard Construction on the project to establish shared project values and expectations.
"Critical minerals are an important component to the success of the global energy transition, and our mines rely on a strong and reliable supply of electricity to unlock them,” said Chris Hodgson, President, Ontario Mining Association. "The new Waasigan Transmission Line will give northwest Ontario a competitive advantage to build a strong mining-to-manufacturing supply chain locally."