(Under construction)
Advancing meaningful First Nation leadership in the energy transition
Fast facts
The CIB is investing in the 23.6-megawatt Tilley Solar project located 200 kilometres southeast of Calgary in Newell, Alberta on Treaty 7 territory.
Through the CIB’s partnership with the Alexander First Nation, First Nation Power Development, and Concord Green Energy, the large-scale energy project will support long-term socio-economic benefits for the Nation and their partners.
Construction of the solar facility is anticipated to generate more than 150 full-time jobs at peak, creating new opportunities for the First Nations.
This is the CIB’s second Indigenous Community Infrastructure Initiative (ICII) clean power investment to reach financial close in Alberta, following the Deerfoot and Barlow Solar investment.
Benefits of CIB involvement
Through the ICII, we are investing in projects in partnership with Indigenous communities. The $52 million project, enabled by CIB financing, will include the economic interests of the Alexander First Nation and First Nation Power Development, an Indigenous-owned organization dedicated to empowering First Nation community ownership and participation in the emerging renewable energy industry.
The First Nations’ investment is expected to generate returns for the community which can be re-invested into other economic development projects.
The CIB’s collective approach to project development with the project partners sets an example for future partnerships of Indigenous ownership of renewable projects that can be replicated across Canada.
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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 Concord.