Discovery Park Canada

    Project Detail

    Located at Campbell River on northeast coast of Vancouver Island, BC, Canada and managed by
    New Times Discovery Limited, our Canadian subsidiary, Discovery Park is a 1,200 acres (4.9 km2)
    industrial park providing industrial land parcels, buildings, and warehouses for businesses to
    lease.

    Existing site infrastructure features an electrical substation that is connected to two 138 kV
    transmission lines, providing over 200MW of 100% renewable hydro energy power supply from
    BC Hydro, sourced from a dam approximately 6 km away from the site with a rate as low as
    C$0.05/ kWh. Additional facilities include a solid industrial waste landfill to handle hazardous
    substance disposal needs, a complimentary wastewater treatment facility, fresh water supply,
    and two deep water piers for dock usage and direct ocean water access.

    The multi-use site is currently leased to tenants in industries including but not limited to green
    data centres, modular construction, marine services, and steel fabrication. New Times Energy is
    working on redeveloping Discovery Park into a green-tech hub to attract new tenants that align
    with our ESG mandate. The site is an ideal candidate for aquaculture, green hydrogen, as well as
    renewable natural gas given the low-cost electricity on site and ample supply of ocean and fresh
    water. We are actively exploring ways to bring such projects to fruition through support and
    cooperation from local and federal government.

    We are actively seeking to partner with well-known and established ag-tech companies both in
    Canada and globally to provide efficient, localised food supply solutions and using indoor
    farming technologies. Discovery Park will contribute to redefining the way traditional agriculture
    is being carried out for certain food groups, by overcoming seasonal and climate constraints, and
    eliminating wasteful long supply chain agriculture that ultimately benefit the Western Canadian
    people, resources, and economy.