MU2 wind farm financing includes CIB’s first indigenous equity loan in Quebec

The Canada Infrastructure Bank is providing its first Indigenous equity loan in Quebec as part of a $108.3-million financing package for the Mesgi’g Ugju’s’n 2 Wind Farm (MU2) project. This wind farm is a partnership between Mi’gmawei Mawiomi Business Corp. and Innergex Renewable Energy. The project will create approximately 150 construction jobs and is set to integrate at least 30% of its workforce from local Mi’gmaq communities. Additional financing includes green and construction bridge loans from various banks.