Cascade is committed to developing close, long-term relationships with Indigenous Peoples founded on mutual respect and trust. We believe in early and meaningful engagement with Indigenous communities on whose traditional territories we live and work. We look forward to continuing our relationships with local First Nations and are proud partners in the construction efforts for the Project.
Kineticor Resource Corp. is responsible for management of the development, construction and operations of Cascade Power Project on behalf of the Project partners. Kineticor develops, constructs, and operates power generation facilities that deliver clean and reliable energy. Kineticor’s management team has a successful history of developing, owning, operating, and maintaining projects throughout North America alongside a board of directors with significant expertise in power generation, upstream and downstream energy, and infrastructure. www.kineticor.ca
With net assets of almost $22 billion, OPTrust invests and manages one of Canada's largest pension funds and administers the OPSEU Pension Plan (including OPTrust Select), a defined benefit plan with over 96,000 members. OPTrust was established to give plan members and the Government of Ontario an equal voice in the administration of the Plan and the investment of its assets through joint trusteeship. OPTrust is governed by a 10-member Board of Trustees, five of whom are appointed by OPSEU and five by the Government of Ontario. www.optrust.com
About Indigenous Communities Syndicate LP
The Indigenous Communities Syndicate LP (ICS) is a consortium of six First Nations, owned by Alexis Nakota Sioux Nation, Enoch Cree Nation, Kehewin Cree Nation, O’Chiese First Nation, Paul First Nation and Whitefish Lake First Nation. The ICS was formed to make a meaningful investment in the Cascade Power Project.
About Axium Infrastructure Inc.
Axium Infrastructure (comprised of Axium Infrastructure Inc. and its affiliated entities) is an independent portfolio management firm dedicated to generating long-term investment returns through investing in core infrastructure assets. Axium Infrastructure had C$5.1 billion in assets under management as of June 30, 2020, as well as C$1.7 billion in co-investments. The firm benefits from the capabilities of a group of specialists with decades of experience acquiring, developing, financing, operating and managing infrastructure assets. Focus is placed on assets that are supported by robust market demand and under long-term contract with creditworthy counterparties. Since 2010, the firm has invested in a diversified portfolio of over 145 North American infrastructure assets. www.axiuminfra.com.
About DIF Capital Partners
DIF Capital Partners is a leading global independent infrastructure fund manager, with €7.6 billion of assets under management across nine closed-end infrastructure funds and several co-investment vehicles. DIF Capital Partners invests in greenfield and operational infrastructure assets located primarily in Europe, the Americas and Australasia through two complementary strategies:
DIF has a team of over 145 professionals, based in nine offices located in Amsterdam (Schiphol), Frankfurt, London, Luxembourg, Madrid, Paris, Santiago, Sydney and Toronto. www.dif.eu
BPC, a joint venture between affiliates of PCL Construction and Overland Contracting Canada, Inc., a Black & Veatch Company, will construct the facility under an Engineering, Procurement and Construction contract. BPC has successfully executed power projects throughout North America of a similar size and scope to the Cascade Power Project with a proven team, experienced knowledge of robust plant design, and long-term working relationship with Cascade's equipment manufacturer, Siemens.
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