Innergex Renewable Energy Inc. and Ledcor Power Group have energized the 81.4-MW Upper Lillooet River run-of-river hydroelectric facility in British Columbia, according to an April 6 release.
The facility is part a bigger project, which includes another run-of-river hydroelectric power plant, the 25.3-MW Boulder Creek facility, which is expected to achieve operation in the second quarter of 2017.
Upper Lillooet River holds a 40-year fixed-price power contract with BC Hydro and Power Authority. The facility is expected to contribute C$33.0 million in revenues and C$27.5 million in adjusted EBITDA for Innergex.
Innergex holds a 66.7% ownership in Upper Lillooet River and the remaining 33.3% stake is owned by Ledcor Power Group, a subsidiary of Ledcor Group of Cos.