Ranking for 2016: 48
Industry Sector: Energy
Specific Sector: Wind
Range: $1 billion - $5 billion
Project Value: $1,000,000,000
Government Funds Involved:
Funding Source: Private
Location: Between Sudbury and Parry Sound, Ontario
Estimated End Date of Substantial Completion: 2018
The 300-MW Henvey Inlet wind project in northern Ontario is in the final planning stages. The feed-in tariff scheme is a 50-50 joint venture between Pattern Development and Nigig Power, which is wholly owned by Henvey Inlet First Nation. It will be constructed on reserve lands in Parry Sound County, near Georgian Bay. The project does not require provincial permits as the First Nation has legal authority to grant a lease and environmental approval. Pattern expects to arrange both construction and long-term debt financing for Henvey Inlet in 2016.
Upon completion, it will be the largest First Nation wind project in Ontario.