CASTLEGAR, BC,
"We will be exploring other avenues and identifying other potential partners to improve the viability of the project. We are hopeful that in the coming months we can move this project to a point where it can proceed," said
The Waneta Expansion project is a proposed second powerhouse located adjacent to Teck Cominco's existing
"A considerable amount of work has already been done and Columbia Basin Trust is committed to exploring alternatives with Columbia Power Corporation to move this project forward," said
Columbia Power Corporation is a Crown corporation wholly owned and controlled by the Province of British Columbia. Pursuant to the Columbia Basin Accord signed in 1995, the primary mandate of CPC is to undertake clean and renewable power project investments as the agent of the Province on a joint venture basis with the Columbia Basin Trust.
Columbia Power Corporation and Columbia Basin Trust, through corporate subsidiaries, own the Arrow Lakes Generating Station, the Brilliant Dam and the Brilliant Expansion. For additional information on Columbia Power, visit www.columbiapower.org.
Columbia Basin Trust delivers economic, social, and environmental benefits to the residents of the Columbia Basin. To learn more about CBT programs and initiatives, visit www.cbt.org or call 1-800-505-8998.
For further information: For further information: Audrey Repin, Director, Communications and Community Relations, Columbia Power Corporation, Ph. (250) 304-6044 or Cell (250) 365-9502; Delphi Hoodicoff, Director, Communications, Columbia Basin Trust, Ph. (250) 365-6633
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