BELLEDUNE, NB — The partners of the Belledune Joint Venture (temporary name) today welcomed NB Power’s decision to proceed with the conversion of the Belledune Generating Station to sustainably sourced advanced pellets and to enter into a long-term biomass supply agreement with the Joint Venture. The partners appreciate the confidence shown by NB Power. The partners welcome this vote of confidence from NB Power. The decision paves the way for the continued development of the Belledune Joint Venture project, a partnership bringing together Pabineau First Nation, Eel River Bar First Nation, Arbec Forest Products and Airex Energy. Located at the Port of Belledune within its Green Energy Hub, the facility will transform sustainably sourced forestry residues into torrefied pellets to support the conversion of the Belledune Generating Station, helping preserve an important source of generation capacity for New Brunswick.