Hydro One and the Saugeen Ojibway Nation (SON) have entered into a commercial partnership known as the B2M Limited Partnership (B2M LP).
The limited partnership wholly owns two of the four Hydro One-built Bruce to Milton transmission circuits located between the Bruce Nuclear Generating Station in Kincardine and Hydro One’s switching station in Milton.
Following the receipt of necessary regulatory and government approvals, the SON has acquired a 34 per cent interest in the B2M LP, with Hydro One holding the balance of the limited partnership’s interests.
The B2M LP is the first limited partnership with a First Nations community in Hydro One’s history. The limited partnership owns a 176-kilometre, double-circuit 500 kilovolt (kV) line that consists of 158 kilometres of new double circuits between the Bruce Nuclear Generating Station and Highway 7, and approximately 18 kilometres of double circuits between Highway 7 and the Milton Switching Station.
The transmission line has the capacity to transmit 3,000 Megawatts (MW) of clean, renewable energy.