On September 20, 2024, the Government of Manitoba released The Manitoba Affordable Energy Plan. Among other things, this plan calls for Manitoba Hydro to issue an Expression of Interest for near-term wind generating projects (with Indigenous majority ownership) for up to 600 MW of new wind power.
This will represent a significant increase in wind power in the province, adding to the ~258 MW currently being generated by two existing wind projects (the St. Leon Wind Farm and the St. Joseph Wind Farm).The Manitoba Affordable Energy Plan also calls for the creation of an Indigenous loan guarantee program. Similar loan guarantee programs exist in other provinces, but details of Manitoba’s program will be forthcoming as part of Budget 2025.
Please read our previous blog Canada to provide $5 billion in loan guarantees through Indigenous Loan Guarantee Program.
You can read The Manitoba Affordable Energy Plan here.
Note: This article is of a general nature only and is not exhaustive of all possible legal rights or remedies. In addition, laws may change over time and should be interpreted only in the context of particular circumstances such that these materials are not intended to be relied upon or taken as legal advice or opinion. Readers should consult a legal professional for specific advice in any particular situation.
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