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Published • Nova Scotia, Canada • Updated

CIB commits $217M to build Wasoqonatl intertie between Nova Scotia and New Brunswick - Electrical Business

Summary by Electrical Business
March 31, 2025 – The Canada Infrastructure Bank (CIB) has closed $217 million in equity financing to enable a new transmission line linking Nova Scotia and New Brunswick that will improve the reliability of interprovincial power grids and support the expansion of renewable energy production. CIB’s financing will help Nova Scotia construct the 160-kilometre, 345-kV line parallel to the existing connection from Onslow, N.S., to Salisbury, N.B. Add…

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CIB commits $217M to build Wasoqonatl intertie between Nova Scotia and New Brunswick - Electrical Business

March 31, 2025 – The Canada Infrastructure Bank (CIB) has closed $217 million in equity financing to enable a new transmission line linking Nova Scotia and New Brunswick that will improve the reliability of interprovincial power grids and support the expansion of renewable energy production. CIB’s financing will help Nova Scotia construct the 160-kilometre, 345-kV line parallel to the existing connection from Onslow, N.S., to Salisbury, N.B. Add…

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Electrical Business broke the news in on Monday, March 31, 2025.
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