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First Nations take majority ownership of Rose Valley Wind energy project in Saskatchewan

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By Sam Laskaris, Local Journalism Initiative Reporter, Windspeaker.com, Windspeaker.com

2d ago· 5 min readenNews

Summary

The Rose Valley Wind project in Saskatchewan, consisting of 28 wind turbines, has been officially announced with First Nations holding majority ownership. The Meadow Lake Tribal Council (MLTC) Industrial Investments, through M Squared Renewables (owned by nine Nations of the MLTC and Mistawasis Nêhiyawak First Nation), will control the project. The Canada Infrastructure Bank is providing $160 million in funding as part of a new $3 billion target for Indigenous infrastructure investment. Tina Rasmussen, CEO of MLTC Industrial Investments, expressed excitement about the future benefits for First Nations from this renewable energy development.

Source

bskyFirst Nations take majority ownership of Rose Valley Wind energy project in Saskatchewanow.ly

Key quotes

· 1 pulled
Tina Rasmussen, CEO of Meadow Lake Tribal Council (MLTC) Industrial Investments, is excited about the future benefits that will accrue to First Nations from a new wind energy project in Saskatchewan
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$160-million funding CIB is providing for Rose Valley Wind project is part of new $3-billion target for Indigenous infrastructure investment

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