The Tahltan First Nation, whose traditional territory encompasses some of the most resource-rich lands in B.C., is now an equity owner in three hydro-electric facilities collectively valued at over $2.5 billion. It is believed to be the largest clean energy investment by a First Nation in B.C.
The Tahltan Nation has purchased a five per cent stake in Northwest British Columbia Hydro Electric Facilities for $124.3 million from Axium Infrastructure Canada and Manulife Financial Corporation.
“It’s a historic, unprecedented situation for the Tahltan Nation to be able to own such a significant portion of a major project in our territory,” said Chad Norman Day, president of the Tahltan Central Government. “It’s been a long time coming for our people to start becoming equity partners in some of the major projects in our territory.”
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