OC2023-064
2023-03-23
Industry, Energy and Technology
Electrical Power Control Act, 1994
Under the authority of section 5.2 of the Electrical Power Control Act, 1994 and
section 4.1 of the Public Utilities Act, the Lieutenant-Governor in Council hereby
exempts the Innu-Inuit Envest Limited Partnership and any lender providing financing
to the Voisey’s Bay Wind Energy Project, from the application of the Electrical Power
Control Act, 1994 and the Public Utilities Act for all aspects of their activities
pertaining to:
a) the design, engineering, planning, construction, commissioning, ownership,
operation, management and control of equipment and facilities to be comprised of
21 megawatt wind generation project at Voisey’s Bay in Labrador and all
associated facilities at the project;
b) producing, generating, storing, transmitting, delivering or providing electric
power and energy to Vale Newfoundland and Labrador Limited for use by Vale
Newfoundland and Labrador Limited at the Voisey’s Bay mine for compensation
from the project;
c) negotiating, concluding and executing any and all agreements for activities
referred to in paragraph (b);
d) raising and securing funds necessary to construct the project’s facilities to generate
or transmit power that is the subject of any power sale agreements, including
without limitation the negotiation, conclusion and execution of any and all
agreements and security documentation with any lender providing financing to the
project; and
e) any agreements, contracts or instruments necessary or incidental to any activity
described in this exemption;
with such exemption to be conditional on Vale Newfoundland and Labrador Limited
being the sole customer of the project, power to be used only in support of the Voisey’s
Bay mining operations, and non-connectivity to the Labrador interconnected
electricity system or remote diesel generation systems in communities outside of Vale
Newfoundland and Labrador Limited’s Voisey’s Bay site.