CIB, Alexander First Nation, FNpower and Concord partner on Tilley Solar Project

2 minute read
10 April 2024

On April 10, 2024, Alexander First Nation, First Nation Power Development (FNpower), Concord Green Energy (a subsidiary of Concord Pacific) and the Canada Infrastructure Bank (CIB) reached financial close on the Tilley Solar Project.

The 23.6-megawatt solar farm is located 200 kilometres southeast of Calgary in Newell, Alberta, on Treaty 7 Territory. It includes 69,450 fixed-tilt solar photovoltaic panels, and will help reduce greenhouse gas emissions in Alberta by approximately 14,200 tonnes annually. The CIB committed $33 million to the project. The total project cost is $52 million and will include the economic interests of the Alexander First Nation and FNpower, an Indigenous-owned organization dedicated to empowering First Nation community ownership and participation in the emerging renewable energy industry.

The CIB’s investment towards the solar facility advances First Nation economic participation in the clean energy transition, along with improving grid stability and reliability by adding needed electricity generation.

With First Nations in an ideal position to take on meaningful ownership and drive economic reconciliation opportunities, this project demonstrates a First Nation-led initiative actively participating in the renewable energy industry while aiding in diversifying the sector.

The sustainable, large-scale energy project will support long-term socio-economic benefits for the Nation and their partners. The project will generate more than 280 full-time jobs at peak and is estimated to create $14 million in direct labour income and add $6 million of indirect labour income.

Gowling WLG was counsel to the CIB with respect to this commitment with a team co-led by Myron Dzulynsky and Elizabeth Burton, and that included Reagan Chornoboy, Adriana Da Silva Bellini, Steve Will, Ana Pagkatipunan and Keith Brown, assisted by student-at-law Evan Matthews.

NOT LEGAL ADVICE. Information made available on this website in any form is for information purposes only. It is not, and should not be taken as, legal advice. You should not rely on, or take or fail to take any action based upon this information. Never disregard professional legal advice or delay in seeking legal advice because of something you have read on this website. Gowling WLG professionals will be pleased to discuss resolutions to specific legal concerns you may have.