NB Power's controversial power plant is in the news again with CBC - CEO Lori Clark [below]
At this link: N.B. Power needed to ‘step above’ normal process on gas plant, CEO says | CBC News
"The 25-year contract with U.S.-based ProEnergy to build a 500-megawatt gas and diesel power plant in a rural area in Tantramar leaves N.B. Power ratepayers exposed to several financial risks, Martin said in his report.
That includes a financial penalty if a planned equity investment agreement with the North Shore Mi'kmaq Tribal Council — initially described as a fait accompli — doesn’t come together."
Last year Bruce Wark reported on this story - more here:
During a CBC question and answer session last month, Holt said she was encouraged that the project “will be co-owned by a group of different First Nations,” but in Shediac today, she suggested she did not know at the time that there was no Indigenous investment.
Mi’maq Chiefs have since declared the project cannot go ahead without an Indigenous-led, rights impact assessment.
“I didn’t say I look forward to a project that has Indigenous investment,” the premier said, referring to her CBC comments.
“I say we think Indigenous investment is a good thing. That’s something I look for in a lot of different projects.”
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