EPCOR and BC Govt  share Public Private Partnership award for Britannia Mine Water Treatment Plant

    EDMONTON, Nov. 21 /CNW/ - The Canadian Council for Public Private
Partnerships is recognizing EPCOR and the Government of British Columbia for
an innovative partnership that is ending a century of heavy metal pollution in
B.C.'s Howe Sound. 
 
        The Council presented the partners with the Gold Award for
Infrastructure for the Britannia Mine Water Treatment facility. Located on
B.C.'s Sea-to-Sky Highway, this water treatment plant is now capturing and
removing thousands of tonnes of heavy metal contaminants from the historic
Britannia Mine, including 166,000 kilograms of copper per year - the
equivalent of 70 million pennies.
 
        A micro-turbine driven by the mine's continual run-off will generate 
electricity for the plant, enhancing the project's overall level of
sustainability and protecting the Province from future energy cost
increases.
 
        The overall net present value of the treatment facility is $27.2 million. 
Over the 20-year contract period, this project is expected to save B.C. 
taxpayers more than $10 million had the facility been delivered solely by the Province.
 
    "Britannia Mine had been a major source of pollution for decades," said
B.C. Agriculture and Lands Minister Pat Bell. "The successful clean-up
undertaken by the Province, EPCOR and its team of partners furthers our
government's goal of being a world leader in sustainable environmental
management. The project team amply demonstrated the value of public private
partnerships by delivering this facility on time and on budget, helping
protect tax payers from cost increases so common in today's business
environment."
 
    Accountability is a central component of this partnership. During design
and construction, EPCOR and its partners assumed the risks for cost overruns,
schedule delays and costs related to water treatment technology and plant
operation. EPCOR faced penalties if the plant was not built or operational
on-time. Performance-based payments are made to EPCOR based on the volume of
water processed and the plant's compliance with environmental regulations.
Performance payments did not begin until the plant was in operation.
 
    "This award recognizes EPCOR's ability to work effectively with both
public and private sector partners to develop solutions that are
cost-effective, and benefit communities and the environment," said Dr. Stephen
Stanley, EPCOR Senior Vice President. "I would like to thank all of the
partners who brought their commitment and expertise to this project."
 
    EPCOR financed the facility and led an expert team during the design and
construction of the $15.5 million facility. This team included Lockerbie
Stanley Inc., Stantec Consulting Ltd., Canadian Environmental and
Metallurgical Inc., and BioteQ. As part of the agreement, EPCOR will operate
the facility for 20 years.