Released on March 29, 2011
The Government of Saskatchewan, SaskPower and the newly established First Nations Power Authority have signed a Memorandum of Understanding (MOU) that will help the province's First Nations advance their power generation projects.
"This MOU highlights the efforts of the Government of Saskatchewan to actively engage First Nations in the province's growing economy," Premier Brad Wall said. "Many Saskatchewan First Nations are already pursuing economic development opportunities through potentially owning and operating power generation projects. The MOU sets out a partnership framework for a more streamlined process to help First Nations move their projects forward for consideration."
The provincial government was looking for opportunities to engage First Nations in developing power generation projects, which led to the formation of First Nations Power Authority (FNPA). Supported by various First Nations with existing or imminent power projects, FNPA will be a non-profit, membership-based corporation.
"This partnership is clearly an important milestone for Saskatchewan's First Nations," Federation of Saskatchewan Indian Nations (FSIN) Chief Guy Lonechild said. "We are pleased to continue to support FNPA as it develops."
"SaskPower will need new projects to meet Saskatchewan's growing demand for electricity," Minister responsible for SaskPower Rob Norris said. "This is a once-in-a-generation chance to create new jobs and opportunities for First Nations people and communities."
SaskPower is making a multi-year, multi-billion dollar investment to renew the province's electricity system. The demand for electricity in the province is expected to increase by about 2.4 per cent annually over the next decade.
Each of the 74 Saskatchewan First Nations will have the opportunity to hold membership in FNPA and participate in the governance of the organization through its board of directors.
"This MOU opens the door to significant opportunities for Saskatchewan First Nations to partner in the development of power generation projects," FNPA Board Chair Ben Voss said. "This will result in a higher probability of viable, long-term sustainable First Nation economic development opportunities while helping SaskPower meet the province's electricity supply needs."
Discussions will continue between the Government of Saskatchewan, SaskPower and FNPA over the coming months to formalize the FNPA's relationship with SaskPower.
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For more information, contact:
James Parker
SaskPower
Regina
Phone: 306-566-3167
Email: jparker@saskpower.com
Cell: 306-536-2886