Next Steps

The Company was awarded a 30 year Electricity Purchase Agreement by BC Hydro in late July 2006 to build the $200 million power project. 

The Company is currently in the environmental permitting process and it is forecasted that this process will be completed by year end 2007.  Detailed engineering will be completed over the next year and subject to regulatory approvals, construction will commence in 2008 for commissioning by mid 2010.

Artist rendition of potential look of the wood fueled power plant. Darkened areas of building represent building additions required to house boiler and environmental protection control equipment.