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'TRANFORMATIONAL': More Indigenous Communities Taking the Lead in Canadian Oil and Gas Projects - Energy News for the Canadian Oil & Gas Industry

Projects improve industry’s environmental performance and enable First Nations self-determination Follow CEC on Linkedin CEC Linkedin Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter A growing number of Canada’s Indigenous communities are becoming owners of oil and gas projects that can help reduce environmental impacts while lifting their members out of poverty. More project ownership builds on momentum in… ....

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Cascade Power Project Wins Canadian Power Deal of the Year Award

Cascade Power Project Wins Canadian Power Deal of the Year Award
Project Finance International s Canadian Power Deal of the Year award for 2020.
The $1.5-billion Cascade Power Project is a 900-megawatt combined-cycle natural gas-fired power generation facility under construction near Edson, Alberta that will play a role in transitioning the province away from coal-fired power.
OPTrust is a proud partner of the project alongside Axium Infrastructure Inc., DIF Capital Partners, Kineticor Resource Corp., and the Indigenous Communities Syndicate LP (ICS), a consortium owned by the Alexis Nakota Sioux Nation, Enoch Cree Nation, Kehewin Cree Nation, O Chiese First Nation, Paul First Nation and Whitefish Lake First Nation. ICS will participate with an equity stake in the project and, in its first commitment since launching, the Alberta Indigenous Opportunities Corporation has provided a $93-million loan guarantee in the transaction. ....

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