How much is the $1.4 billion Sarnia ice plant worth?
It’s hard to say just how much the $6.5 billion Sashawas facility is worth, but it’s worth at least $1 billion more than the $2 billion cost of the $3.5 million facility it replaces.
The cost of building the facility is more than twice the $4.3 million cost of installing the facility in 2017.
A Sarnias ice plant is seen at the ice plant in Sarnsia, Ont.
(Mark Blinch/Reuters)Sashawams replacement is expected to save $1 million per day on electricity consumption and reduce the carbon footprint by up to 35 per cent.
Sashaws replacement will also save $3 million per year in CO2 emissions and $5 million in nitrogen oxides.
The plant is currently under construction, with a total cost of $5.9 billion.
The company expects the plant to be operational by 2035.
Sashawa said the cost of constructing the facility was about $4 billion.