Ranking for 2015: 34
Industry Sector: Energy
Specific Sector: Natural Gas
Range: $1 billion - $5 billion
Project Value: $1,500,000,000
Government Funds Involved: Focus Energy Group and partners will provide equity and debt financing.
Funding Source: Private
Location: Lake Wabamun, Alberta
Estimated End Date of Substantial Completion: 2018
This proposed 930 MW power project is to be a combined cycle natural-gas fired power plant. The facility will be located on Paul First Nation Industrial Park, and ownership will be shared with that Nation. The Paul First Nation has agreed to develop the project along with Focus Equities Inc. which will replace nearby aging coal plants as well as provide economic development opportunities for the community. Construction of the facility is to be completed in early 2018.