TORONTO — Hydro One Networks Inc. has announced it has filed an application with the Ontario Energy Board (OEB) to construct a new double-circuit 230-kilovolt transmission line between the Abitibi Consolidated Junction, within an existing Hydro One transmission corridor in Thorold and Crowland Transformer Station (TS) in Welland.
Hydro One will also expand the Crowland TS.
The company states the project is a $311 million investment in the region and is expected to be complete by 2029.
First Nations have the opportunity to invest in a 50 per cent equity stake in the transmission line component of the project.
“Ontario is facing historic growth demand for electricity in the next 25 years, especially in the southwest,” said Sonny Karunakaran, vice-president, strategic projects and partnerships in a statement. “Electricity is the foundation that will help connect and power new homes, businesses and industries. Hydro One’s success is tied to Ontario’s success and the time to invest and partner with First Nations is now, so we have a system that meets the needs of the future.”
The application submitted to the OEB provides details of the project including timing, route, design and cost.
Hydro One is Ontario’s largest electricity transmission and distribution provider with 1.5 million customers, $36.7 billion in assets as of Dec. 31, 2024, and annual revenues in 2024 of $8.5 billion, a release notes.
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