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Mesgi’g Ugju’s’n 2 Wind Farm

Sector(s)
Clean Power, Indigenous Infrastructure
Location(s)
Gespe’gewa’gi (Gaspe Region), Quebec
Participation
$108.3 million
(financial close)
Partner(s)
Mi’gmawei Mawiomi Business Corporation (MMBC), Innergex Energy Inc.

Mi’gmaq communities in Quebec to co-own new wind project in Gespe’gewa’gi (Gaspe Region)

The 102.2-megawatt wind farm will supply clean energy and economic benefits

Fast facts

CIB is lending $108.3 million towards the MU2 wind energy project
Mi’gmaq communities collaborating with Innergex Renewable Energy
Will create 150 construction jobs and cut 150,000 tonnes of emissions annually

The CIB’s $108.3 million loan includes a $15.8 million equity loan to the Mi’gmawei Mawiomi Business Corp. (MMBC), representing the Gesgapegiag, Gespeg and Listuguj Mi’gmaq communities. The loan improves the economic viability of their participation in the project.

The 102.2-megawatt project located in the Gaspésie-Îles-de-la-Madeleine region will be  developed with Innergex Renewable Energy Inc.

The wind farm sits on the Mi’gmaq traditional territory of Gespe’gewa’gi. It will be located adjacent to the 150 MW Mesgi’g Ugju’s’n Wind Farm (MU1), also a 50/50 partnership between the Mi’gmaq Communities and Innergex.

MU2 will feature Nordex turbines, generating enough electricity to power 20,000 Quebec homes through a 30-year power purchase agreement with Hydro-Québec. The project supports the public utility’s Electricity Supply Plan, which forecasted a 12% rise in energy demand between 2019 and 2029.

Benefits of the CIB’s involvement

MU2 is expected to generate approximately 150 direct construction jobs, with a commitment to hire at least 30% of the workforce from local Mi’gmaq communities. Revenues will be reinvested into community initiatives. 

Learn more

Government of Canada

This project is about building—building clean energy, good jobs and stronger communities. Through this investment, the Mi’gmaq will advance clean energy, help power homes and secure long-term benefits through community ownership. 

Hon. Gregor Robertson, Minister of Housing and Infrastructure and Minister responsible for Pacific Economic Development Canada
Innergex

We are proud to reach financial close on Mesgi’g Ugju’s’n 2 and to continue advancing a project that is deeply rooted in collaboration, sustainability and regional economic impact. We thank MMBC and the Mi’gmaq communities for their continued trust and partnership. This project is a powerful example of how strong Indigenous-led partnerships and clean energy development go hand in hand to generate economic and environmental value. 

Michel Letellier, President and Chief Executive Officer
MMBC

MU2 reflects the maturity and determination of our communities to lead impactful energy development on our own terms. This partnership with Innergex and the support from the CIB demonstrate that Indigenous-led projects can be scalable, bankable, and rooted in long-term vision. It’s a model we’re proud of—one that delivers real value to our people and contributes to the Gespe’gewa’gi and Quebec’s clean energy future. We would also like to take the opportunity to thank our advisers, Plan A Capital and Stikeman, who were instrumental in the success of this transaction. 

Frederic Vicaire, Chief Executive Officer