What if I informed you the Canadian authorities owns Cheat Lake and is seeking to unload some 300 acres of wooded lakeside property?
The primary a part of that query is undeniably true.
The Lake Lynn Hydroelectric Venture, which dammed the Cheat River and fashioned Cheat Lake, started operations in 1926.
It’s handed by way of a number of homeowners over time, however today it’s owned and operated by Lake Lynn Technology, which is a subsidiary of Eagle Creek Renewable Power, which is a subsidiary of Ontario Energy Technology.
Ontario Energy Technology is what’s often called a “crown firm,” that means it has a single authorities shareholder. On this case, it’s the provincial authorities of Ontario, Canada.
As for the second a part of the opening question — the promoting of land — right here’s what we do know.
The present Federal Power Regulatory Fee license for the Lake Lynn Venture was issued on Dec. 27, 1994, and expires on Nov. 30, 2024.
Lake Lynn Technology really started the prolonged relicensing course of again in 2019.
In accordance with data on the FERC web site, Lake Lynn Technology is proposing no modifications to its present amenities or operations however is proposing new environmental measures and the elimination of simply over 300 acres of land from a number of places alongside the present challenge boundary.
So, what’s to turn into of that land as soon as it’s not a part of the utility challenge?
The Dominion Publish reached out to a consultant of Eagle Creek Renewable Power with that query however didn’t obtain a response in time for this report.
Involved Cheat Lake residents worry it’ll be going up on the market.
A volunteer group calling itself the Cheat Lake Fee says a part of that land is alongside the Cheat Lake Park space.
The group says the park space has been largely uncared for because it was bought by Ontario Energy Technology in 2019 — and significantly since 2021, when the subsidiary of its subsidiary, Lake Lynn Technology, started working the power remotely from a website in Tennessee.
It’s simple to think about, the group posits in a presentation compiled for a forthcoming public assembly, how a lot the worth of 300 acres surrounding Cheat Lake has risen because it was acquired through eminent area within the Nineteen Twenties to help the hydroelectric challenge.
As a part of the Nationwide Environmental Coverage Act course of, FERC will conduct a public assembly at 6 p.m. on Sept. 25 at Cranberry Resort, 2700 Cranberry Sq..