James Smith Cree Nation signs on to build new power plant
The James Smith Cree Nation signed a deal with AECOM and the Tesla Energy Institute (TEI) to build a new hydroelectric plant.
On Thursday, the ink dried on a memorandum of understanding for the $2 billion, 252 megawatt facility. It’s called the Pehonan Hydroelectric Project.
Dragan Racic, the president and CEO of TEI’s research and development division for the James Smith Cree Nation, said the project will create between 300 and 400 permanent jobs.
TEI is not linked to Tesla Inc., the electric car company operated by Elon Musk.