Connor, Clark &Lunn Infrastructure Ltd. reported it closed on an investment in the 151.8-MW Harrison Hydro project, a run-of-river hydroelectric project under construction in British Columbia.
Cloudworks Energy Inc. is developing the C$500 million (US$535 million) project, which includes six powerhouses in two groups, near Harrison Lake. (HNN 9/21/07) The Lower Lillooet project group includes 27.6-MW Douglas Creek, 25-MW Fire Creek, and 21-MW Stokke Creek. The Upper Harrison project group consists of 16.7-MW Tipella Creek, 33.5-MW Upper Stave River, and 28-MW Lamont Creek.
Two other powerhouses once mentioned in connection with Harrison Lake -� 18-MW Northwest Stave River and 6-MW Upper Fire Creek -� are licensed and permitted but are not currently being built as part of Harrison Hydro.
CC&L Infrastructure is a new business created by asset management company Connor, Clark &Lunn Financial Group to invest in North American infrastructure assets and businesses. CC&L Infrastructure announced its investment in the project Oct. 24. It is the company’s first investment.