CIB Loans $164.4M To Wind Energy Infrastructure In Saskatchewan – Canadian Manufacturing
June 15, 2026
CIB loans $164.4 million towards Rose Valley Wind, project expected to generate long-term revenues for the ten participating First Nations.
ASSINIBOIA — The Canada Infrastructure Bank (CIB) has reached financial close with Potentia Renewables Inc. and M‑Squared Renewables on a $128 million project loan and a $36.4 million Indigenous equity loan towards the Rose Valley Wind project in Saskatchewan.
Per a June 15 press release, M‑Squared Renewables, an Indigenous development corporation, is owned by 10 First Nations, the nine Nations of the Meadow Lake Tribal Council and the Mistawasis Nêhiyawak First Nation. The CIB’s Indigenous equity loan reportedly enables M‑Squared Renewables’ majority ownership of the project.
