The Cape Breton Regional Municipality is revisiting discussions with Albert Barbusci and Sydney Harbour Investment Partners (SHIP) to explore opportunities in the offshore wind energy sector.
Previously, SHIP had an exclusive 10-year agreement with CBRM for a container terminal project called Novaporte in Sydney harbour. However, the plan shifted towards developing a marshalling port for offshore wind projects. As no progress was made over the past decade, CBRM terminated the exclusive deal in January.
After opening the site for bidding and conducting a valuation study, only SHIP submitted a bid for the project. Councilor Steve Parsons proposed during a recent meeting that CBRM re-engage in negotiations with SHIP under a non-exclusive arrangement. Parsons highlighted the urgency to capitalize on the potential of Sydney harbour for offshore wind projects.
With the impending deadline for licensing expressions of interest in November, Parsons emphasized the need to act swiftly. He expressed confidence in SHIP’s capabilities after the company claimed pre-qualified status under the Canada-Nova Scotia Offshore Energy Regulator’s (CNSOER) call for bids.
Parsons noted that negotiations with SHIP were progressing positively before stalling earlier in the year. The motion to re-engage with SHIP faced opposition during the council meeting, with a close vote of seven in favor and six against.
Mayor Cecil Clarke supported the motion, emphasizing the importance of continuity with a company that has invested in the project. While open to bids from other companies, Clarke underscored the commitment to advancing the port’s development for the benefit of the local community and economy.
However, Councilor Earlene MacMullin objected to the motion to ensure a fair process that allows all interested companies, including those pre-approved, an equal opportunity to participate in bringing offshore wind power to Cape Breton.
