The Canada Infrastructure Bank (CIB) has reached financial close on a $139.5 million loan to BC Hydro to support the early works phase of the North Coast Transmission Line (NCTL) project in Terrace, B.C. The full release is available online. Contact media@cib-bic.ca.
The Canada Infrastructure Bank (CIB) has reached financial close on a $660 million loan to Irving Pulp & Paper to support the large-scale modernization of the company’s pulp mill in west Saint John, N.B. Enabled by the CIB’s partnership, the modernization project consists of replacing 1970s era technology with current best-available solutions to improve productivity and maintain mill competitiveness … Read more
The Canada Infrastructure Bank (CIB) has closed a $24-million loan to support the Atikamekw of Opitciwan, a remote First Nation community in Northern Quebec, in its energy transition aimed at significantly reducing diesel as its primary energy source. The full release is available online. Contact media@cib-bic.ca.