Enbridge, First Nations and Métis partners to advance 200-megawatt wind energy project in Saskatchewan [Yahoo! Finance]
Enbridge Inc (ENB)
Last enbridge inc earnings: 2/14 07:00 am
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Source: Yahoo! Finance
LP (Six Nations) – a newly-created consortium of Cowessess First Nation George Gordon First Nation Kahkewistahaw First Nation , Métis Nation-Saskatchewan, Pasqua First Nation and White Bear First Nations – announced plans to advance development of a new wind energy project southeast of Weyburn, Saskatchewan The Seven Stars Energy Project (the Project) is expected to produce 200 megawatts of emissions–free power – enough to support the annual energy needs of more than 100,000 Saskatchewan homes. It will be developed, constructed and operated by a wholly-owned indirect subsidiary of Enbridge. Financial participation of the partners will be supported, in part, by loan guarantees of up to $100 million from the Saskatchewan Indigenous Investment Finance Corporation (SIIFC). The First Nation and Métis partners have an opportunity to acquire equity ownership of at least 30% in the Project. The Project is targeted to be operational in 2027, subject to finalizing commercial agreements, s
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- 8/2/24 - Beat
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- 8/2/24 - Form 10-Q
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