Enbridge and partners aim to build 600mn Ontario power line

TORONTO — Enbridge Inc., a U.S. power producer and a major pension fund want to develop a new power transmission line in northern Ontario.The three companies, through a joint-venture called NextBridge Infrastructure, aim to bid on the opportunity to build the Ontario East-West Transmission Tie.The line would run between Thunder Bay and Wawa, Ont., and is expected to come into service as early as 2017.The 400-kilometre, 230-kilovolt line is estimated to cost $600-million, according to an Ontario Power Authority report.Calgary-based pipeline and utility giant Enbridge and Borealis Infrastructure, an arm of the Ontario Municipal Employees Retirement Service, are seeking regulatory approval to buy part of Upper Canada Transmission.Upper Canada Transmission is a subsidiary of NextEra Energy, a power producer based in Florida.“The proposed Ontario East-West Transmission Tie is expected to increase reliability, allow for the retirement or conversion of northern coal facilities and increase the ability to develop renewable generation in the region,” the partners said in a release.If they’re selected, the partners plan to develop, build, own and operate the line under the Ontario Energy Board’s regulatory oversight.

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