The ‘Namgis First Nation is dipping into B.C.’s First Nations Clean Energy Business Fund

The ‘Namgis First Nation is dipping into B.C.’s First Nations Clean Energy Business Fund for dollars to support an equity investment in the Kokish River run-of-river hydro-electric project, located on northeastern Vancouver Island, about 15 kilometres east of Port McNeill. ‘Namgis will own 25 per cent of the hydro facility, and Brookfield Renewable will hold 75 per cent. The $400,000 in funding supports the equity investment by the ‘Namgis in the 45-megawatt run-of-the-river hydroelectric development, which is located in ‘Namgis traditional territory. The hydro facility is designed to generate enough electricity to power 13,000 homes.