Innergex Begins Commercial Operation of Big Silver Creek Hydroelectric Facility

September 7, 2016

Innergex Renewable Energy Inc. has begun commercial operation of its 40.6 MW Big Silver Creek run-of-river hydroelectric facility located in British Columbia.

The 40.6 MW Big Silver Creek hydroelectric facility, Innergex’ 43rd facility, is located on crown land 40 km north of Harrison Hot Springs, BC. Construction began in June 2014 and was completed in July 2016, earlier than expected and within budget. Innergex now has a gross installed capacity of 1,359 MW.

Big Silver Creek’s average annual production is estimated to reach 139 800 MWh, enough to power 12,700 households. In its first full year of operation, it is expected to generate revenues and Adjusted EBITDA of $18 million and $15 million, respectively. All of the electricity it produces is covered by a 40-year fixed-price power purchase agreement with BC Hydro.