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Results Chart for Delivery Method and Financing
From Public (Government) Sources to Producers: TransCanada funded all five project packages with cash on hand. The first package includes an EPC agreement for the Infrastructure portion of the project including access roads, foundations, and power lines. The second package includes a separate EPC agreement for the upgrades necessary to the existing substation boosting the generated power from 34.5kV to 115kV. The third package was procured using a traditional delivery method for the design and construction of the transmission line. The fourth package was another EPC agreement for upgrades to the existing power grid. Finally, the fifth package was an O&M agreement between Vestas and TransCanada to operate and maintain the facility for a five year term.
Direct Cash Support: Cash on Hand