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
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.
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Key quotes
· 1 pulledTina 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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