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Rio Tinto Invests in Quebec Clean Hydropower

Posted on October 29, 2008
Rio Tinto is investing US$228 million in the construction of a new 225-megawatt high-efficiency turbine at Rio Tinto Alcan's Shipshaw power station in Saguenay, Quebec. The project is expected to be completed in December 2012. The Shipshaw power station is a major component of Rio Tinto Alcan's extensive hydroelectric network, which has a total installed capacity of approximately 2,900 megawatts in Quebec. The new turbine is expected to replace four hydro generator units at the Chute-à-Caron power station and will thereby promote more efficient water [...]

N. America Holcim Award Winners Announced

Posted on October 17, 2008
A ceremony in Montreal announced the winners of the second North American Holcim Awards competition for sustainable construction projects and visions. Nine projects from Canada and the United States showcasing the latest approaches to address critical themes including housing affordability, employment, renewable energy, and water efficiency shared in USD 270,000 in prize money. New York City's first carbon-neutral building, the Solar 2 Green Energy, Arts and Education Center received the Holcim Awards Gold 2008 trophy for "bringing the eco-building vision [...]

OMERS Opens London Office

Posted on October 15, 2008
The Ontario Municipal Employees Retirement System (OMERS), one of Canada's largest pension funds, now has a presence in London, UK. The London office will have a 20-member team, including OMERS investment professionals in real estate, infrastructure, private equity and capital markets. As relationships are formed and new investment opportunities are discovered, OMERS Worldwide will open offices in other global regions. OMERS has four investment arms under the OMERS Worldwide banner, one of which is Borealis Infrastructure, a 10-year-old pioneer that [...]

Canada Joins Angola Infrastructure Renewal Project

Posted on October 14, 2008
Export Development Canada (EDC) has announced the signing of a Memorandum of Understanding with Banco de Poupança e Crédito (BPC) to facilitate Canadian participation in upcoming infrastructure projects in Angola. "EDC's partnership with BPC will help facilitate the already substantial pipeline of business between the Angolan government and Canadian companies and we see it having a strong catalyst effect for future business," said Stephen Poloz, senior vice-president, financing products group. "Since BPC also undertakes private sector projects, they [...]

CEPA Urges Canada To Secure Energy Future

Posted on October 2, 2008
North America is facing a once in a generation opportunity to build essential pipeline infrastructure in both Canada and the United States, says Brenda Kenny, president of the Canadian Energy Pipeline Association (CEPA). "CEPA member companies have more than $40 billion dollars of pipeline infrastructure projects on the books. Adding the planned investment for Alaska and Mackenzie, that number jumps to $80 billion. Unless timely government decisions are made, many of these projects will face escalating costs and increased uncertainty," says Kenny. "We [...]

Cianbro CEO Continues Campaign for $1 Billion Maine East-West Tollroad

Posted on September 18, 2008
Cianbro president Peter Vigue will champion his company's proposed $1 billion Maine East-West tollroad at the Atlantic Province Trucking Association's first-ever International Transportation Summit, October 22, in Halifax, NS. The privately funded and constructed 260-kilometre, four-lane highway from Calais, Maine, to the Quebec-Maine border near Sherbrooke, Quebec. will cut approximately five hours from the trip from Calais to Montreal, according toVigue. He views the route as an efficient way to link Canadian container ports and U.S. markets. "Our [...]

OMERS to Acquire Maxxam Analytics

Posted on August 25, 2008
Maxxam Analytics International Corporation has announced that it has entered into a definitive acquisition agreement with OCPI MA Holdings Inc., an acquisition vehicle majority-owned by OMERS Administration Corporation and OMERS Capital Partners — the entity responsible for OMERS' private equity investments. John Martin, chairman of Maxxam's board of directors, said, "The acquisition of Maxxam by OMERS provides a good outcome for shareholders that fully reflects both the company's current performance and its potential, while keeping Maxxam Canadian-owned." Paul [...]

SNC-Lavalin and SKM Awarded Australia Contract

Posted on August 21, 2008
The SNC-Lavalin and Sinclair Knight Merz Joint Venture (SSJV) have been awarded a contract worth approximately CAN $92 million (AUD $94 million) to provide engineering, procurement and construction management (EPCM) services for the major sustaining projects for Rio Tinto Alcan's 550,000 tpa Boyne Smelter in Gladstone, Queensland, Australia. The scope includes the replacement of Carbon Baking Furnaces 1 and 2, as well as the replacement of cranes and associated runways on Reduction Lines 1 and 2. The project is split 50/50 between brownfield and greenfield [...]

Pure Technologies Holds Buried Pipelines Conference

Posted on August 14, 2008
Pure Technologies Ltd., a company involved in the development and application of technologies for inspection, monitoring, and management of physical infrastructure, recently hosted an international workshop on asset management and loss prevention strategies for buried pipelines. Over seventy-five participants from nine countries representing water agencies, consultants, and oil and gas pipeline operators attended the two-day workshop, held in Calgary. "This is the third time we have hosted this conference, and the first year that we have included an oil [...]
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