The company plans to use waste biomass from Nova Scotia forestry and forest-based industries to create low-emission aviation fuel as an alternative to petroleum-based fuel.
The company will need a second environmental assessment approval for its second phase – a proposed wind energy and solar farm and a transmission line to supply renewable energy for fuel production.
The company expects the project will create about 1,000 jobs during the construction phase, up to 80 jobs during its operation (expected to end in 2081) and direct and indirect economic benefits for local businesses, communities and residents.