The Vancouver-based company says its Tumbler Ridge project, slated for the remote east-central portion of the province, received an Environmental Assessment Certificate (EAC) from two provincial ministers and can now proceed toward construction.

Finavera has a 25-year power purchase agreement with BC Hydro for the C$125m ($125.3m) project -- along with three others in earlier phases of development -- as well as transmission and site control.

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