Enbridge, First Nations and Métis Advance 200 MW wind energy project in Saskatchewan

The Seven Stars Energy Project (the “Project”) is expected to produce 200 megawatts of zero-emission energy – enough to meet the annual energy needs of over 100,000 homes in Saskatchewan. It will be developed, built and operated by an indirect wholly owned subsidiary of Enbridge.

The partners’ financial participation will be supported in part by loan guarantees of up to $100 million from the Saskatchewan Indigenous Investment Finance Corporation (SIIFC). First Nation and Métis partners have the opportunity to acquire a minimum 30% interest in the Project.

The planned date of commissioning of the Project is 2027, provided that commercial agreements are finalized, the necessary environmental and regulatory approvals are obtained and investment criteria are met. Enbridge is working to enter into a long-term power purchase agreement with SaskPower to support final investment decisions, expected through 2025.

“This is a game changer for First Nations, Métis and First Nations,” said Chief Matthew Peigan of Pasqua First Nation. “This project will produce zero-emission electricity for Saskatchewan and provide a stable source of revenue that will benefit our citizens for many years to come. We are pleased that Enbridge recognizes that meaningful indigenous ownership is the way to build energy infrastructure in this country, and we look forward to developing this project together.”

“We are pleased to partner with Enbridge and have the opportunity to strengthen our affinity with First Nations on this important renewable energy initiative. This is our moment to not only benefit the environment, but also support the long-term well-being of our communities and support First Nation and Métis economic reconciliation,” said Brent Digness, Minister of Economic Development and Tourism of the Métis Nation–Saskatchewan (MN–S).

“This is Enbridge’s first indigenous partnership focused on wind energy generation and our first indigenous partnership in Saskatchewan,” said Matthew Akman, Enbridge’s executive vice president of corporate strategy and president of power. “The clean electricity that Enbridge and our domestic partners will provide will help meet the future demand for safe, reliable and affordable energy for residential, small business and industrial applications.”

“Enbridge has proudly and safely operated in Saskatchewan for over 75 years, and we have a long history of working closely with the province, local communities and First Nations and Métis peoples,” said Colin Gruending, executive vice president and president of Enbridge’s Liquids Pipelines. “We see Indigenous economic participation in our projects and operations as an important part of broader reconciliation, and we commend the Government of Saskatchewan for establishing SIIFC, which has helped make these investment opportunities available to our new Indigenous partners.”

“In partnership with the evolving energy needs of industries, SaskPower continues to make progress on our commitment to achieve net zero greenhouse gas emissions by 2050 and deploy up to 3,000 MW of wind and solar facilities by 2035.” said Dustin Duncan, Saskatchewan’s minister responsible for SaskPower. “A partnership like this between Enbridge and Six Nations Energy Development will support SaskPower in achieving its emissions reduction goals while providing extraordinary benefits to First Nations communities in Saskatchewan.”

“Partnerships like these require commitment, creativity and, ultimately, a leap of faith,” said Jake Sinclair, president of Six Nations Energy Development LP. “I am proud of our team for supporting Enbridge in its ultimate goal of delivering a sustainable project that will provide both energy to Saskatchewan and strong financial returns for Enbridge and First Nations and Métis partners for