We would like to clarify certain points raised in recent media reports. The information obtained by certain media is outdated, inaccurate, and does not represent the current situation.
The SaskPower Boundary Dam project is a first of its kind, and many issues could only be identified and corrected once the plant was operational by our client, SaskPower. We have been addressing all issues on a priority basis as they have come to our attention, in alignment with SaskPower.
We believe that if there are any areas for discussion around contractual points, the resolution process required in the relevant contracts is the best venue to resolve such issues.
We continue to work in collaboration with our client to develop the world's largest commercial carbon capture project, in Saskatchewan, and support SaskPower in transitioning this first of a kind project to full capacity.