Lake Erie Connector

Sector(s)
Clean Power
Location(s)
Nanticoke, Ontario & Erie, Pennsylvania
Participation
$655 million
Partner(s)
ITC Investment Holdings

Improve reliability and security of Ontario’s energy grid

The Lake Erie Connector is a proposed 117-kilometre underwater transmission line connecting Ontario with the PJM Interconnection, the largest electricity market in North America.

Fast facts

Create 845 permanent jobs
Boost Ontario’s GDP by $8.8 billion
Optimize Ontario’s current electricity infrastructure

The 1,000 megawatt, high-voltage direct current connection will help lower electricity costs for customers in Ontario and improve the reliability and security of Ontario’s energy grid. The Lake Erie Connector will reduce greenhouse gas emissions and be a source of low-carbon electricity in the Ontario and U.S. electricity markets.

With the development of this project, Ontario will gain direct access to the largest electricity trading market in North America. The project will help Ontario to optimize its current infrastructure, avoid costs associated with existing production curtailments or shutdowns. The project will also limit the construction of new power plants and leverage existing transmission lines to support electricity demand throughout the grid.

Benefits of CIB involvement

Our participation enhances the project viability, improves taxpayer value and benefits all electricity consumers in Ontario. We aim to address a potential funding gap in the project by providing low-cost financing to reduce revenue needs while satisfying all project development requirements.

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Government of Ontario

The Lake Erie Connector demonstrates the advantages of public-private partnerships to develop critical infrastructure that delivers greater value to Ontarians. Connecting Ontario’s electricity grid to the PJM electricity market will bring significant, tangible benefits to our province. This new connection will create high-quality jobs, improve system flexibility, and allow Ontario to export more excess electricity to promote cost-savings for Ontario’s electricity consumers.

Greg Rickford, Minister of Energy, Northern Development and Mines, Minister of Indigenous Affairs
Mississaugas of the Credit First Nation

We are encouraged by this recent announcement by the Canada Infrastructure Bank. Mississaugas of the Credit First Nation has an interest in projects within our historic treaty lands that have environmental benefits and that offer economic participation for our community.

Stacey Laforme, Chief
Mississaugas of the Credit Business Corporation

I am very pleased to see this announcement today by the Canada Infrastructure Bank/ Banque de l’infrastructure du Canada. We continue to seek out new areas of investment opportunity for projects occurring within the treaty lands of MCFN. The future is bright for all us! #indigenousbusiness #ontario #mcfn #infrastructure.

Leonard Rickard, CEO
Six Nations of the Grand River Development Corporation

Six Nations of the Grand River Development Corporation (SNGRDC) is extremely pleased to play a lead role in advancing an energy solution that unlocks value for ratepayers, promotes green house gas reduction, and provides much needed stimulus for our local economy. The Oneida Energy Storage project is an example of the progressive steps SNGRDC is taking to seek out high calibre partners and build new relationships that are reflective of our community’s needs and value.

Matt Jamieson, President and CEO