Grants and Contributions:

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Agreement Number:

Agreement Value:

$24,000,000.00

Agreement Date:

Nov 9, 2014 -

Organization:

Natural Resources Canada

Location:

HANTSPORT NOVA SCOTIA, CA

Reference Number:

GC-2015-Q3-05526

Agreement Type:

Contribution

Report Type:

Grants and Contributions

Additional Information:

Amendment: Value / Award previously disclosed for the 4th Quarter of 2013-2014. Grant or contribution awarded and spanning more than one fiscal year. Correction to company name. Originally disclosed as The Fundy Ocean Research Centre for Energy.

Recipient's Legal Name:

FUNDY OCEAN RESEARCH CENTRE FOR ENERGY

Program Purpose:

To construct and operate a facility in the Minas Passage of the Bay of Fundy where three Tidal Instream Energy Convertor devices will be demonstrated. The experience gained in constructing, deploying and operating the devices will facilitate the development of future devices that can be considered for commercial deployment in the Bay of Fundy and elsewhere.