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CIB lending $108.3M for new wind project in the Gaspésie–Îles-de-la-Madeleine region

ReNew Canada June 12, 2025 3 min read
Nenew Canada
CIB lending $108.3M for new wind project in the Gaspésie–Îles-de-la-Madeleine region
AI Article Summary

The Canada Infrastructure Bank is investing $108.3 million in the Mesgi'g Ugju's'n 2 Wind Farm in Quebec's Gaspésie–Îles-de-la-Madeleine region. The project is a partnership between the Mi'gmawei Mawiomi Business Corporation and Innergex Renewable Energy, and it will be developed on Mi'gmaq territory. It aims to generate 150 construction jobs with a focus on hiring from Mi'gmaq communities and will supply enough electricity to power 20,000 homes. Operations are expected to begin in late 2026, with significant environmental and economic benefits anticipated.