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Alberta Indigenous Opportunities Corporation hires experienced executive Scott Alanen as Vice President, Investments.

Press Release

October 23, 2023

Alberta Indigenous Opportunities Corporation hires experienced executive Scott Alanen as Vice President, Investments.

(Alberta) – The Alberta Indigenous Opportunities Corporation (AIOC) is delighted to introduce Scott Alanen as Vice President, Investments.

Scott brings experience, expertise and leadership capabilities around structuring, financing, and negotiating Indigenous partnerships in Alberta, including several deals directly involving AIOC. Scott’s previous experience positioned him as a principal architect of AIOC’s first investment, Cascade Power.

Scott has directly supported a large number of Indigenous Communities across Western Canada in the equity ownership of major assets including renewable and non-renewable power generation, energy storage, hydrogen and critical minerals, oil and gas infrastructure, carbon capture utilization and storage and agriculture, in addition to key land acquisitions directly for Alberta Indigenous Communities. Scott’s previous experience spans Alberta economic sectors including energy, oilfield services, real estate, manufacturing, and international trade.

Scott holds a CPA designation and is accredited as a Chartered Business Valuator and Chartered Financial Modeller. He is a graduate of the Institute of Corporate Directors education program.

“We welcome Scott to the team and value the experience and expertise he will bring to the table. We look forward to the opportunities that will arise for Indigenous communities and partners in the coming years,” said AIOC CEO Chana Martineau.

The AIOC is a provincial Crown Corporation that offers loan guarantees to Indigenous communities, allowing them to acquire equity in large infrastructure projects in Alberta’s natural resources, agriculture, transportation, and telecommunications sectors. These initiatives secure long-term, stable revenue streams for their associated Indigenous partners upon completion and allow industry collaborators to contribute to the reconciliation process actively.

To date, the AIOC has provided $511 million in loan guarantees across five transactions, serving a total of 27 Indigenous communities which are now able to make tangible improvements to and investments into their communities, fostering Indigenous prosperity and independence.

The AIOC executive team has grown substantially, and now includes:

  • Chief Executive Officer, Chana Martineau
  • Chief of Staff and Director of Corporate Projects, Allison Wusaty
  • Vice President Engagement & External Relations, Ted Bauer
  • Chief Investment Officer, Steven Kroeker
  • Vice President Investments, Scott Alanen
  • Senior Financial Officer, Hamid Shahzad

The quality of this team reflects AIOC’s commitment to Indigenous prosperity and lays a strong foundation for future growth.
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For media inquiries, contact:
Evhan Hinz, Berlin Communications
ehinz@brln.ca780-935-4022

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