Common use of QUALITATIVE ASSESSMENT Clause in Contracts

QUALITATIVE ASSESSMENT. Exhibit B-1, p. 5; Clean Energy Act, Section 2(l); Order G-278-19, Appendix A, p. 11 On page 5 of the Filing, BC Hydro states that: In February 2016, the ▇▇▇▇▇▇ North project was acquired by CCPLP, which is comprised of Cayoose Creek Development Corporation and Innergex. The Sekw’el’was Cayoose Creek Indian Band (Cayoose Creek Indian Band) is the sole beneficial shareholder of Cayoose Creek Development Corporation [(CDCC)]. Cayoose Creek Indian Band is part of the St’at’imc Nation. The original ▇▇▇▇▇▇ North EPA, Forbearance Agreement and Diversion Agreement were assigned to CCPLP at that time. Section (2)(l) of the Clean Energy Act (CEA) states that one of BC’s energy objectives is “to ▇▇▇▇▇▇ the development of first nation and rural communities through the use and development of clean or renewable resources”. On page 11 of the Reasons for Decision, attached as Appendix A to Order G-278-19, the BCUC references a previously proposed EPA renewal with the ▇▇▇▇▇▇ North independent power producer (IPP) and states that: The Limited Partnership Agreement between CCDC and Innergex provides the CCIB and the TA with a number of benefits related to contracting, jobs and training,49 as well as a share of net income or loss earned by the CCPLP over the term of the 40-year EPA renewal.50 Salmon migration is facilitated by the Cayoosh Diversion Tunnel, and the ▇▇▇▇▇▇ North IPP states that the salmon population “…is of great natural importance to the CCIB.” Several elements of the ▇▇▇▇▇▇ North IPP operations provide specific protection and enhancement of the salmon population native to the Cayoosh and Seton areas, and the salmon and other fish species are a source of food for the local and downstream communities. Additionally, the IPP provides indirect employment for many members of the CCIB, as well as other indigenous and neighbouring communities.51

Appears in 2 contracts

Sources: Forbearance Agreement, Forbearance Agreement