Tahltan Nation announces largest clean energy investment in B.C. history

Monday, July 29, 2019
Author: 
CHERYL CHAN
Source: 
Vancouver Sun

The Tahltan First Nation, whose traditional territory encompasses some of the most resource-rich lands in B.C., is now an equity owner in three hydro-electric facilities collectively valued at over $2.5 billion. It is believed to be the largest clean energy investment by a First Nation in B.C.

The Tahltan Nation has purchased a five per cent stake in Northwest British Columbia Hydro Electric Facilities for $124.3 million from Axium Infrastructure Canada and Manulife Financial Corporation.

“It’s a historic, unprecedented situation for the Tahltan Nation to be able to own such a significant portion of a major project in our territory,” said Chad Norman Day, president of the Tahltan Central Government. “It’s been a long time coming for our people to start becoming equity partners in some of the major projects in our territory.”

Read the rest of the story here. 

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