MONTREAL,
July 24, 2014 /CNW Telbec/ -
SNC-Lavalin (TSX: SNC) is pleased to announce that it has been
awarded the engineering, procurement and construction management
(EPCM) contract for the Jimmie Creek hydro project in British Columbia by Plutonic Upper Toba
Holdings Inc., a subsidiary of Alterra Power Corporation (TSX:
AXY), which will own the project in partnership with a fund managed
by Fiera Axium Infrastructure, Inc. SNC-Lavalin's contract is
valued at $30.5 million.
The project will consist of a run-of-river hydro
generation facility on Jimmie Creek in the Toba Valley near
Powell River, British Columbia. A
rubber dam will be installed across the creek to divert flow into a
three-kilometre-long buried penstock and surface powerhouse with
two 32.5-MW units. SNC-Lavalin will undertake the EPCM services for
this part of the project, while also providing environmental
supervision and transmission line design services.
"We are proud to take part in the Jimmie Creek
project, which will serve the BC Hydro grid by providing 170 GWh of
clean, renewable energy every year," said Alexander (Sandy) Taylor, President, Power,
SNC-Lavalin Group Inc. "This project will further strengthen the
partnership between our client and the Klahoose First Nation. New
employment and contracting opportunities for both First Nations and
local communities in Powell River
and Campbell River will also be
created by the construction of this project."
Work on Jimmie Creek began in 2012 with the
initial project definition phase, and proceeded into implementation
with the signing of the EPCM contract in June 2014. On-site activities began on
March 1, 2014, and the targeted
in-service date for the project is July
2016.
Founded in 1911, SNC-Lavalin is one of the
leading engineering and construction groups in the world and a
major player in the ownership of infrastructure. From offices in
over 40 countries, SNC-Lavalin's 30,000 employees provide EPC and
EPCM services to clients in a variety of industry sectors,
including mining and metallurgy, oil and gas, environment and
water, infrastructure and clean power. SNC-Lavalin can also combine
these services with its financing and operations and maintenance
capabilities to provide complete end-to-end project solutions.
www.snclavalin.com
SOURCE SNC-Lavalin