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Five Nations Energy Inc. is one of five licensed electricity transmitters in the province of Ontario. As a transmitter, FNEI is responsible for the transportation or delivery of electricity from 80 km north of Moosonee to the substations in the communities of Fort Albany, Kashechewan and Attawapiskat. Transmitters in Ontario do not buy or sell energy, but they do construct, operate, and maintain the transmission systems that connect electricity generators and distributors throughout the province.

The transmission system was designed to meet the needs of the three communities of Attawapiskat, Fort Albany and Kashechewan for a period of thirty years, and has a capacity of 30 mW. Currently the community load is approximately 6 mW. Once the construction of transmission system upgrades that are currently underway are completed in the 2008, line capacity will rise to 80 mW.

As one of Ontario's five licensed transmitters Five Nations Energy Inc. receives payments from the Independent Electricity System Operator, based on a rates application approved by the Ontario Energy Board. The rates application sets out Five Nations' revenue requirements based upon the estimated costs of running the system. Five Nations has no control over the revenues it receives. This revenue varies according to the amount of electricity transmitted in Ontario.