Capstone Infrastructure Corp. (TSX: CSE) (TSX: CSE.DB.A) (TSX: CSE.PR.A) (TSX: CPW.DB) said Aug. 14 that the Ontario Environmental Review Tribunal (ERT), an administrative tribunal that considers appeals from the general public in relation to an approval granted to a green energy project by the Ministry of the Environment and Climate Change, has dismissed appeals related to two of the company’s wind projects.
The ERT’s decision to dismiss upholds the Renewable Energy Approvals (REAs) granted to those projects. On Aug. 11, the ERT dismissed an appeal of the 18-MW ZEP Wind Farm Ganaraska, to be built in the municipality of Clarington, Ontario. On Aug. 13, the appeal of the 10-MW Grey Highlands ZEP project, located in the Municipality of Grey Highlands, was also dismissed.
“We’re pleased that these renewable energy projects can now move into the construction phase and will soon be providing clean electricity for Ontario,” said Michael Bernstein, President and Chief Executive Officer of Capstone. “The build-out of Capstone’s wind development pipeline is a central part of our commitment to contributing to a more sustainable energy future and creating value for our shareholders.”
Capstone received REAs from the Ministry for five Ontario wind projects earlier this year, all of which were then subject to ERT hearings. With the Ganaraska and Grey Highlands ZEP appeals now dismissed, the company is moving closer to increasing its generating capacity by a potential 64 MW (net) when all are completed.
- Said the Aug. 13 decision about one of the projects: “The REA is for a renewable energy project known as the Grey Highlands Zero Emission People Wind Facility, consisting of the construction, installation, operation, use and retiring of five wind turbine generators with a total name plate capacity of 10 megawatts (MW) and one 44 kV 10 MVA transformer substation, located near the Community of McIntyre within the Municipality of Grey Highlands, Grey County, Ontario (the ‘Project’).”
- Said the Aug. 11 decision about the other project: “The REA is for the construction, installation, operation, use and retiring of a Class 4 wind facility with a total nameplate capacity of 17.6 megawatts (‘MW’) (the ‘Project’), comprising nine wind turbines, one sub-station and associated infrastructure. The Project is to be constructed entirely on the Oak Ridges Moraine (the ‘ORM’), between Ganaraska Road (Regional Road 9) and Concession 6, east of Highway 115, in Orono, in the Municipality of Clarington, Durham Region, Ontario (the ‘Site’). The ORM is a significant landform with unique environmental, geological and hydrological features and functions.”
Capstone noted that it currently has investments in utilities businesses in Europe and owns, operates and develops thermal and renewable power generation facilities in Canada with a total installed capacity of net 468 MW.