(Financial Close)
Mi’kmaw majority-owned wind project in Nova Scotia
Benjamins Mill Wind will assist provincial decarbonization goals
Fast facts
The CIB’s $45.8 million loan to project partners Wskijinu’k Mtmo’taqnuow Agency Ltd., representing Nova Scotia’s 13 Mi’kmaw First Nations, and independent power producer Natural Forces, will support the installation of eight turbines and construction of related infrastructure.
The wind project will result in an annual reduction of about 84,500 tonnes of greenhouse gas emissions, equivalent to about 0.6% of Nova Scotia’s total emissions in 2020.
Benefits of CIB Involvement
The project falls within the CIB’s $10 billion Clean Power sector, which will help increase energy supply and security, advance clean power generation, distribution and use and make the transition to new energy projects more affordable for ratepayers.
Learn more
- Wskijinu’k Mtmo’taqnuow Agency Ltd. - Opens in a new tab
- Natural Forces - Opens in a new tab
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