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Lakeland Receives Project of the Year Award

February 5, 2019

Lakeland receives Provincial Award

2018 Project of the Year Award – Historic Restoration / Preservation

February 5, 2019 – Lakeland Holding’s subsidiary Bracebridge Generation Ltd. are proud to announce that they are the recipients of the OPWA (Ontario Public Works Association) 2018 Project of the Year Award in the category of Historic Restoration / Preservation for the successful upgrade of the Cascade Street Generating Station located in Parry Sound.

The award ceremony took place on January 24, 2019 during the OPWA annual conference and was attended by Bracebridge Generation. The OPWA Awards Program was established to recognize outstanding individuals, groups and agencies who have demonstrated discipline, vision and passion. The Awards Program also provides an opportunity to reward industry leaders who are truly dedicated to making a difference.

“The redevelopment of the Cascade Street Generating Station was a large undertaking for theGeneration team”, said Bryan Ingram Operations Manager. “Working closely with the Town ofParry Sound, and experienced contractors such as Maple Reinders Constructors Ltd, WSP Canada Inc. and Vision Architectural Envelope Solutions Inc. contributed to the successful implementation of this project”.

The 1.21 megawatt Generating Station underwent a redevelopment to 3.1 megawatts. Thestation’s upgrade had been in the planning stages since 2003 under the former Parry Sound PowerGen which merged into Bracebridge Generation on July 1, 2014. Bracebridge Generation utilized a local Aesthetic Advisory Committee of residents from Parry Sound for station design. At full capacity this newly upgraded plant at a cost of $17M supplies approximately 3,150 homes with their electrical energy demands.

Chris Litschko, CEO of Lakeland Holding the parent company of Bracebridge Generation stated‘the redevelopment of the generating station was an extremely satisfying achievement to ensure the preservation of the historic richness of the facility, invest millions of dollars locally, and generate green power for the local community. I am proud of our staff, the community, engineers, contractors and Wasauksing First Nation for working successfully together to create this beautifulgeneration plant.”

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For more information or imagery please contact:

Jennifer Montpetit

jmontpetit@lakelandholding.com

888-282-7711 ext. 504

For more information on each award or the nomination process criteria please visit,

https://opwa.ca/awards/

About Bracebridge Generation

Bracebridge Generation Ltd. is a subsidiary company of Lakeland Holding Ltd. that is wholly owned by the municipalities of Parry Sound, Bracebridge, Burk’s Falls, Huntsville, Magnetawan, and Sundridge.We are proud of being the first municipality in Canada to generate electricity utilizing water, dating back to 1894. The company currently owns and operates 9 waterpower generation plants producing 15 megawatts of electricity . For more information on Bracebridge Generation Ltd., visit:www.bracebridgegeneration.com