New financing option for Indigenous investment – Reminetwork.com

February 5, 2025

Caisse de dépôt et placement du Québec (CDPQ) and the Mohawk Council of Kahnawà:ke (MCK) plan to jointly back renewable energy infrastructure projects in Quebec. The newly formed partnership will offer financing for Indigenous investment proponents to obtain equity stakes in new developments in their territories.

The partnership also aims to provide capacity-building resources so that Indigenous proponents can assess investment opportunities, negotiate agreements with prospective partners and maximize the benefits for host communities. This builds on the expertise MCK has already acquired through its involvement, with project partner, Kruger Energy, in two wind farms, totalling 171 megawatts of electricity generating capacity, and a new 58-kilometre transmission line interconnecting Quebec and New York State, in partnership with Hydro Québec.

Read More: https://www.reminetwork.com/articles/new-financing-option-for-indigenous-investment/