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Canada developer, native group advance 66-MW McLymont, 16-MW Volcano

CALGARY, Alberta, Canada 10/14/11 (PennWell) -- Energy developer AltaGas Ltd. and the Tahltan Central Council have signed agreements to advance construction of the 66-MW McLymont Creek and 16-MW Volcano Creek hydroelectric projects in the Tahltan Nation's territory in British Columbia.

AltaGas Chairman David Cornhill said the impact benefit agreements establish a formal partnership with the Tahltan Nation to develop the projects in collaboration.

"We look forward to strengthening our relationship with AltaGas as we work together in the development of these projects, ensuring our nation, people, and businesses receive financial benefits, including revenue sharing, jobs, and contract opportunities, while also minimizing the environmental impacts and protecting our culture and way of life," Tahltan Central Council President Annita McPhee said.

The projects are located near AltaGas' 195-MW Forrest Kerr hydroelectric project, which is under construction on the Iskut River. AltaGas expects Forrest Kerr to begin service in 2014, followed by McLymont Creek in 2015 and Volcano Creek in 2016.

Together, the three hydro plants are known as the Northwest Projects, costing a total of C$1 billion (US$975.7 million). They are to deliver electricity to the 287-kilovolt Northwest Transmission Line being built by BC Hydro near Bob Quinn, B.C.

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