Thank you very much.
Basically, Renewable Energy Management is a completely private sector company with private sector investment. To date we have requested no government funding nor has any been put into the company.
The economic model of our proposed facility—again, on the premise that we get all of our approvals—would have a capital investment of $150 million to build and commission the facility, creating 250 construction jobs over a two-and-a-half year period. Then it would sustain 34 or 35 full-time jobs once it's commissioned and in operation.
Our business model would see us processing 165,000 tonnes of waste. We would negotiate a tipping fee for that waste to be brought to our facility. The other end of it is that we will be negotiating for a power purchase agreement with the Ministry of Energy here in Ontario to take the 15 megawatts to 18 megawatts of power we will produce from the 165,000 tonnes of municipal solid waste and IC&I waste we will process through our facility.