Canadian Government to Fund 200MW Wind Power Project on Indigenous Lands

Canadian renewable energy company Boralex Inc (TSE:BLX) and indigenous communities this year will begin construction of a wind farm in Quebec that will add 200 MW of generating capacity to the province.

The project will be supported by Canada’s Indigenous Services with CAD$3m ($2.2m/€2m) in funding, the government department that oversees Indigenous policy said on Monday.

The Apuiat project is a 50/50 partnership between Boralex and the Societe en commandite Apuia (SEC Apuiat) that serves as a front for several local communities. The project was created by the British company RES Group and developed in collaboration with Boralex. RES handed over the scheme to a Canadian firm and Indigenous peoples in 2021.

The Apuiat Wind Farm is planned to be installed on public land within the traditional territory of the Ouashat Mak Mani Utenam Indigenous Peoples in the Côte Nord region. Construction work is scheduled to begin in the winter season of this year, and the complex should be put into operation in December 2024.

Canadian utility Hydro-Quebec will be the buyer of the electricity. It committed to buying all of the station’s capacity under a 30-year power purchase agreement (PPA).

About 300 jobs are expected to be created during the construction phase of the project.

(1 Canadian dollar = 0.731 US dollars / 0.682 euros)

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