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.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
