Advancing Inuit-owned clean energy at Hope Bay mine
Partnership will reduce diesel use and support one of Canada’s northernmost mines.
Fast facts
We are providing a $20 million loan to support the Hope Bay Wind Project, an Inuit-led clean energy initiative in Nunavut’s Kitikmeot Region.
The development is led by Kitikmeot Tugliq Limited Partnership, an Inuit-led partnership between the Kitikmeot Inuit Association (KitIA) and Tugliq Energy, which will construct a 4.2-megawatt wind turbine and a 4-megawatt energy storage facility. Energy produced will supply Agnico Eagle Mines Limited’s Hope Bay mine, located 125 kilometers southwest of Cambridge Bay.
Once operational, the wind energy and storage system is expected to reduce diesel-based electricity generation by up to three million litres annually, improve energy security and lower direct and indirect emissions by approximately 13,000 tonnes annually.
Public lender(s): Canada Infrastructure Bank, Natural Resources Canada
Private lender(s): Kitikmeot Corporation, Tugliq Energy Corp.
Term (years): 15
Benefits of the CIB’s involvement
The CIB’s involvement supports renewable power generation in a region where energy systems currently rely on diesel.
The Hope Bay Wind Project advances Inuit ownership in clean energy infrastructure, creating long-term economic benefits while supporting a more reliable and sustainable energy future for the Kitikmeot Region.
Learn more
Disclaimer: The Canada Infrastructure Bank (CIB) in its sole and absolute discretion may choose to make available amendments, revisions, modifications, or replacements to this website. This page will remain open for further revision, modification, replacement or cancellation by the CIB at any time and in no event shall the CIB be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on the content of this website. Images courtesy of Agnico Eagle Mines Limited.








