Atlin Hydroelectric Expansion

The Atlin Hydroelectric Expansion project is comprised of a new hydroelectric facility and transmission line to deliver clean power to the Yukon microgrid. The project closes an infrastructure gap in northern Canada as clean power will be deployed to the isolated Yukon grid. The intention is to sell 100% of the power to Yukon Energy Corporation which will provide energy during cold winter months.

Our investment supports closing an infrastructure gap for 10 First Nation communities and 7 municipalities in the Yukon Territory which currently rely on grid-level diesel generators to ensure electricity reliability during the winter. The project will directly reduce the need for procurement and use of diesel fuel across the Yukon.

The Atlin project is led by the Tlingit Homeland Energy Limited Partnership, which is fully owned by the Taku River Tlingit First Nation.

Benefits of CIB’s Involvement

The Atlin project is an example of our Indigenous Community Infrastructure Initiative in action. We are developing new lending solutions to accelerate Indigenous infrastructure investments.

Clean energy production and decarbonizing remote communities in Canada are critical climate goals. By tapping into British Columbia’s rich hydro reserves, the Atlin Hydroelectric Expansion is a clean energy solution which supports the transition to clean power and net zero for the Yukon government and their ratepayers.