Cold Lake First Nations Advances Indigenous Ownership in Alberta’s Clean Energy Future

Photo Provided: Aeriel photo of solar panels on a brown field. (CNW Group/Canada Infrastructure Bank)

Cold Lake First Nations is taking a significant step forward in Indigenous-led clean energy development as a key equity partner in the new 19.8 megawatt Duchess Solar project, located near Brooks, Alberta.

In partnership with Elemental Energy and the Canadian Infrastructure Bank (CIB), Cold Lake First Nations is helping shape a cleaner, more sustainable future while strengthening long-term economic sovereignty for its people. This partnership enables the Nation to gain equity ownership in the project, ensuring Cold Lake First Nations directly benefits from Alberta’s growing renewable energy sector.

“This investment supports our long-term vision of building economic independence through sustainable development,” said Chief Kelsey Jacko of Cold Lake First Nations. “We are proud to be part of this project and bring generational benefits to our members while contributing to Canada’s climate goals.”

A Powerful Partnership

The Duchess Solar project will generate enough electricity to power over 5,000 homes annually. With construction already underway, the project is expected to reach commercial operation by the end of 2024. The involvement of Cold Lake First Nations ensures that Indigenous voices and priorities are at the core of its development.

The Canadian Infrastructure Bank has committed $33 million in financing through its Indigenous Equity Initiative, which helps Indigenous communities invest in revenue-generating infrastructure. This program plays a key role in removing financial barriers that historically limited Indigenous ownership in major projects.

“Cold Lake First Nations is leading by example,” said Ehren Cory, CEO of the Canada Infrastructure Bank. “This partnership reflects our mission to support Indigenous participation in the clean energy transition and help communities build wealth through ownership.”

Driving Impact at Home and Beyond

For Cold Lake First Nations, this is more than a business opportunity—it’s a strategic investment in self-determination. Profits from Duchess Solar will support local programs, education, and future economic development efforts that align with the Nation’s values.

This is not the first time Cold Lake First Nations has championed renewable energy. The Nation continues to seek out partnerships that reflect their commitment to stewardship, sustainability, and long-term prosperity for future generations.