Canada Infrastructure Bank to invest in Lake Erie Connector project

OTTAWA — The Canada Infrastructure Bank (CIB) and ITC Investment Holdings have announced they have signed an agreement in principle to invest $1.7 billion in the Lake Erie Connector project.  The project is a proposed 117-kilometre underwater transmission line connecting Ontario with the PJM Interconnection, the largest electricity market in North America, an April 13 release explained. Under the terms of the agreement, the CIB … Continue reading Canada Infrastructure Bank to invest in Lake Erie Connector project