Denendeh Investments takes 50% stake in Northland Utilities – My Yellowknife Now

March 18, 2015

Denendeh Investments (DII) has increased its ownership in power company Northland Utilities to 50 per cent.

First Nations-owned DII previously held 14 per cent. Global utilities corporation ATCO, which has had a controlling interest in Northland since the early 1980s, controls the remaining 50 per cent.

Northland Utilities provides electricity retail, distribution, transmission and generation services in the NWT.

DII claims to represent 27 First Nations in the Northwest Territories and half of the territory’s Aboriginal population.

Read More: http://www.myyellowknifenow.com/3409/denendeh-investments-takes-50-stake-in-northland-utilities/