Lower Nicola Indian Band Development Corp. Will Own and Operate the New Kingsvale Electricity Transmission Line

EIN Valard logo 400

Feb 28, 2020

The Lower Nicola Indian Band Development Corporation (LNIBDC) has announced it has entered into a partnership with Trans Mountain and Valard Construction LP (Valard) to build, own, operate and maintain the new 24-kilometre Kingsvale Electricity Transmission Line that will run through the Lower Nicola Indian Band’s traditional territory.

The 138-kV transmission line will connect from BC Hydro’s distribution line and provide additional power to Trans Mountain’s existing Kingsvale pump station, as well as a new Kingsvale pump station, as part of the Trans Mountain Expansion Project.

“This will be the first electricity transmission line to be constructed, majority-owned, operated, maintained and financed by an Indigenous group in Canada. This project will provide valuable economic benefits to the Lower Nicola Indian Band,” says Kevin Ainsworth, General Manager of LNIBDC.

LNIBDC holds a majority interest in partnership with Valard and has negotiated a 20-year contract with Trans Mountain Canada Inc. to construct the transmission line and interconnection to BC Hydro, as well as own, operate and maintain the line, with the potential of renewing the contract for an additional 20 years.

“We are proud to partner with LNIB and Valard on this unique project, which will provide direct and lasting economic opportunities. We are committed to ensuring that Indigenous communities share in the benefits of the Expansion Project and the partnerships we are creating are based on trust, respect and collaboration,” says Ian Anderson, President and CEO of Trans Mountain Corporation.

“We are extremely pleased to be the selected partner in this exciting project. Valard looks forward to working directly with LNIB, Trans Mountain and local Community partners through all phases of this project in support of local economic opportunities and development,” says Barkley Adams, CEO of Valard.

Construction of the transmission line will commence in a series of phased activities along the utility right-of-way through Kingsvale beginning no sooner than February 2020 and is expected to be completed by August 2020.

LNIBDC and its partner Valard will start operating and maintaining the Kingsvale Electricity Transmission Line when construction is completed on behalf of Trans Mountain for a minimum of a year. The transfer of ownership will occur after a separate regulatory process has been completed.

Source

Related Articles


Latest Articles


Changing Scene

  • Mechanical Contractors Association of Canada and Electrical Contractors Association of Manitoba Sign Strategic MOU

    Mechanical Contractors Association of Canada and Electrical Contractors Association of Manitoba Sign Strategic MOU

    December 6, 2024 At their 81st Annual National Conference, the Mechanical Contractors Association of Canada (MCAC), together with representatives from the Electrical Contractors Association of Manitoba (ECAM), signed a Memorandum of Understanding (MOU) to establish a collaborative framework between both organizations to collaborate on the development of a dual-trade, federated, and integrated national association. “We… Read More…

  • EFC CEMRA Board Looking for Ontario Region Rep Member

    EFC CEMRA Board Looking for Ontario Region Rep Member

    December 6, 2024 On behalf of the CEMRA Board, we would like to extend an exciting opportunity for a CEMRA Rep in the Ontario Region to consider joining the CEMRA Board for a two-year term, commencing in January 2025. This is a wonderful opportunity for reps to get involved and make a meaningful impact in… Read More…

  • CSA Group Once Again Recognized as one of Greater Toronto’s Top Employers

    CSA Group Once Again Recognized as one of Greater Toronto’s Top Employers

    December 6, 2024 For the ninth consecutive year, CSA Group has been recognized as one of Greater Toronto’s Top Employers for 2025 by Mediacorp Canada Inc. The annual competition recognizes employers in the Greater Toronto Area with exceptional human resources programs and forward-looking workplace policies. Headquartered in Toronto, Ontario, CSA Group has over 2,000 full-time… Read More…

  • ABB Acquires Solutions Industry & Building to Expand its Cable Protection Systems

    ABB Acquires Solutions Industry & Building to Expand its Cable Protection Systems

    December 6, 2024 ABB announced it has acquired Solutions Industry & Building (SIB), a leading manufacturer of construction industry building products and premium cable glands used to protect critical electrical equipment in industrial, railway and hazardous environment applications. The acquisition of SIB strengthens ABB’s presence in rail, mining, OEM and specialty markets across Europe, the… Read More…