The Alberta government says it will require Indigenous equity investment from proponents in its second round of bids to build renewable energy projects in the province. The province wants to add up to 5,000 MW of renewable energy through private sector investment of about $10 billion by 2030. It will announce the winning bidders for the second and third rounds of the renewable energy program by the end of 2018. Predictable cash flowThe province made the announcement at the opening of the Alberta and Saskatchewan Renewable Energy Finance Summit. Chris Moscardelli, director of Societe Generale's energy group, said the financing sector is optimistic about how the renewable energy program is rolling out in Alberta.

Source: CBC News February 05, 2018 21:52 UTC