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Chiniki and Goodstoney First Nations and ATCO Announce Energy Infrastructure Equity Partnership
Chiniki and Goodstoney First Nations and ATCO Announce Energy Infrastructure Equity Partnership ...
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[{"type":"text","content":"\n \n \n \n Chiniki and Goodstoney First Nations and ATCO Announce Energy Infrastructure Equity Partnership\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n First Nations become majority owners of largest urban solar installation in\n \n Western Canada\n \n \n \n \n \n \n \n CALGARY, AB\n \n \n ,\n \n \n Sept. 11, 2023\n \n \n /CNW/ -\n \n Canadian Utilities Limited\n \n (TSX: CU) (TSX: CU.X)\n \n \n \n \n \n \n \n \n \n Chiniki and Goodstoney First Nations (the Nations) and ATCO Ltd. (ATCO) today announced a partnership agreement for the Deerfoot and\n \n Barlow Solar\n \n power projects, the largest solar installation in an urban centre in\n \n Western Canada\n \n . Under the terms of the agreement, the Chiniki and Goodstoney First Nations have become the majority owners with a 51 per cent ownership stake in the facilities and Canadian Utilities Limited, an ATCO company, will maintain a 49 per cent stake.\n \n \n The Chiniki and Goodstoney majority ownership of the projects is expected to generate economic returns for the Indigenous communities and contribute to the lasting prosperity of the Nations for future generations.\n \n \n \"This is a significant day for First Nations involvement in the rapidly growing renewable energy sector,\" said Chief\n \n Aaron Young\n \n , Chiniki First Nation. \"By partnering with an industry leader such as ATCO, we can not only support energy transition but generate economic growth for our First Nations communities.\"\n \n \n \"This partnership with ATCO demonstrates a respectful and collaborative approach to major infrastructure projects,\" said Chief\n \n Clifford Poucette\n \n , Goodstoney First Nation. \"This precedent-setting renewable energy project will generate significant economic and social benefits for our people and will allow us a real voice on governance and environmental stewardship on our traditional territory.\"\n \n \n One of ATCO's fundamental tenets is to build, strong, mutually prosperous Indigenous partnerships. ATCO currently has more...