Alaska Hydro Corp V.AKH.H

Alternate Symbol(s): ALKHF

Alaska Hydro Corporation is a Canada-based development-stage company. The Company is engaged in the development of renewable energy projects focused primarily on hydroelectric power generation for resource development in northern climates. The Company is working to develop the More Creek Hydroelectric Project, which is located approximately 130 kilometer north of the town of Stewart in northwestern British Columbia. The Project stores water at the head of the More Creek canyon using an 84-meter-high roller compacted concrete dam to create a water storage reservoir. The size of the water storage reservoirs approximately 3000 hectors at full operating level with a live storage (useable) volume of approximately 870 million cubic meters. The Company's More Creek Hydroelectric Project generates approximately 306 gigawatt hours of energy annually.

TSXV:AKH.H - Post by User

Alaska Hydro Corp

Bullboard Posts

Comment by phoenix_traderon Jan 29, 2019 3:34pm

73 Views

Post# 29292799

RE:RE:Do First Nations folks invest in Hydro - yes!

OK, apart from the First Nations and financial issues which of the engineering and other reports do you take exception to?

BC Hydro indirectly bought FortisBC's 51% interest in the Waneta expansion power plant for about $6 million per Mw capacity which is about double FortisBC's cost and the projected cost of More Creek. The value of More Creek has now been validated by AltaGas's sale of the NW BC power assets and yesterday's FortisBC announcement.

BC Hydro says the demand exists, they are buying capacity, NaiKun also believes demand exists for Offshore wind which requires hydro when the wind stops, More Creek delivers what is needed, what is the problem.

https://kootenaybiz.com/bizblog/article/trust_columbia_power_purchase_waneta_expansion

Bullboard Posts

Rogers reports 50% profit decline in Q1 despite revenue growth