Lake Nipigon

CHAR Tech and Lake Nipigon Forest Management Inc. Sign Partnership Agreement

Retrieved on: 
Wednesday, March 13, 2024

The partnership, Lake Nipigon Forest Sustainable Energy Solutions, (the “Partnership”) builds upon the foundation laid by the Memorandum of Understanding (MOU) signed in April 2023 .

Key Points: 
  • The partnership, Lake Nipigon Forest Sustainable Energy Solutions, (the “Partnership”) builds upon the foundation laid by the Memorandum of Understanding (MOU) signed in April 2023 .
  • LNFMI is a forest management co-operative comprised of four local First Nation Communities who hold the Sustainable Forest License (SFL) on the Lake Nipigon Forest:
    The Partnership will continue advancing development of the jointly-owned facility modeled after CHAR Tech’s flagship facility in Thorold, Ontario.
  • Under the Agreement, LNFMI will oversee the annual wood fiber harvest from the Lake Nipigon Forest, ensuring CHAR Tech’s wood waste feedstock supply for the wood waste-to-renewable energy (RNG and biocarbon) facility.
  • In January 2023, LNFMI was awarded an investment of $200,000 to support formalizing the LNFMI and CHAR Tech partnership for the Lake Nipigon Forest Sustainable Energy Solutions RNG and biocarbon production facility.

CHAR Technologies Signs MOU with First Nations Co-op LNFMI to Build Lake Nipigon RNG and Biocarbon Facility

Retrieved on: 
Monday, May 1, 2023

The MOU is a productive step forward for the ongoing project negotiations and development work, and sets out the intended partnership structure to develop, build, own and operate the facility.

Key Points: 
  • The MOU is a productive step forward for the ongoing project negotiations and development work, and sets out the intended partnership structure to develop, build, own and operate the facility.
  • A relationship between CHAR and LNFMI will provide long-term wood waste feedstock security to support not only the initial RNG and biocarbon facility operations, but future opportunities to scale up and increase production capacity.
  • “LNFMI is thrilled to have signed our MOU with CHAR for the development of a new RNG and Biocarbon Facility on the Lake Nipigon Forest,” says LNFMI President Theresa Nelson.
  • “We’re proud to be working with our friends at LNFMI to develop this project to replicate our existing Thorold, Ontario, facility.