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Lac La Croix First Nation Print

Ojibway Power and Energy Group Ltd. (OPEG) is a limited partnership of the Lac La Croix First Nation and Chant. The majority shareholder in the partnership is the First Nation, who also has a majority position in the General Partner entity.

The OPEG partnership has been structured specifically to pursue the development of hydroelectric potential on the Namakan River in North Western Ontario. On January 4, 2006, the Minister of Natural Resources Ontario announced that OPEG had been awarded the rights to develop three sites on lands that are co-managed by the Lac La Croix First Nation and the Crown. OPEG can now pursue the approvals necessary to build the waterpower facilities and market the power production.

 
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January 26, 2012
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