Cold Lake First Nations takes majority ownership in groundbreaking solar energy project

By Chantel Downes, Local Journalism Initiative Reporter, Lakeland This Week The solar facility, set to power over 7,000 homes, is backed by $48.1 million in financing and features nearly 50,000 solar panels. More than 100 jobs will be created during construction, with additional employment expected in long-term operations and maintenance, according to information from Cold Lake First Nations. The initiative is being developed in partnership with Elemental Energy and supported by the Canada Infrastructure Bank (CIB), Alberta Indigenous Opportunities Corporation (AIOC), Selkirk Advisory Group, and Equitable Life of Canada. “This project reflects Cold Lake First Nations’ vision of clean energy leadership and community prosperity,” said Chief Kelsey Jacko. “We are proud to partner with Elemental Energy and deeply grateful for the commitment shown by our financial partners. This is economic…

Add Your Voice

Is there more to this story? We'd like to hear from you about this or any other stories you think we should know about. Contribute your voice on our contribute page.