John Hart Generating Station Replacement Project

Rank 2024


Image Credit: BC Hydro

Industry Sector: Energy

Project Type: Hydroelectric

Project Value: $1.093 billion

Funding Source: P3

Provincial Funding: $1.093 billion

Province: British Columbia

City / Region: Campbell River

Estimated End Date of Substantial Completion: 2018

This generating station project includes the replacement of three 1.8-kilometre penstocks with a 2.1-kilometre tunnel through bedrock (completed in Sept. 2016); construction of a replacement generation station upstream of the existing station; replacement of the water intake at the John Hart Spillway Dam; and the construction of a new water bypass facility within the new generating station. The current station has been providing energy to the B.C. grid for more than 67 years, and this project aims to improve safety features to protect it against seismic activity, continue to provide reliable hydroelectric power, and protect downstream fish habitat from water flow disruptions.

First Nations have signed project impact benefit agreements with BC Hydro. In February 2014, BC Hydro announced that InPower BC was awarded the contract to design and build the project, the cost of which remains well within the range initially submitted to the British Columbia Utilities Commission. Construction began in summer 2014 and is expected to be completed by late 2018.

Project Owner: BC Hydro

P3 Team Members/Project Team: InPower BC General Partnership—SNC-Lavalin; Aecon

Environmental Services: Hatfield; SNC-Lavalin

Other Key Players: BTY Group (cost consultant); Ernst & Young (advising gov’t); Frontier-Kemper; GE Energy (formerly Alstom); Golder Associates; Mott MacDonald (lenders’ technical advisor); INTECH (insurance advisor); KPMG (commercial advice and due diligence); McElhanney; Hemmera; Golder Associates (owner’s engineer team); Altus Group; ZINC Strategies

Financiers and Banks: SNC-Lavalin Capital Inc.; Scotiabank Global Banking and Markets (underwriter); National Bank Financial (colead underwriter)

Legal: Borden Ladner Gervais (counsel to BC Hydro); Blake, Cassels & Graydon (SNCLavalin Capital Inc.); McMillan (underwriters and construction lender)

2018 Rank: 51

2017 Rank: 45

2016 Rank: 46

2015 Rank: 47

2014 Rank: 47