The First Nations Regeneration Fund seeks to generate renewable energy in BC and regenerate Aboriginal economies by financing Aboriginal equity stakes in run-of-river projects.

The Fund has been established through a partnership between Tale’awtxw Aboriginal Capital Corporation (TACC) and Tribal Resources Investment Corporation (Tricorp). It is the first Fund of its kind in BC.

Independent Power Producers, or IPPs, must meaningfully consult and accommodate First Nations’ interest when developing projects in their traditional territories. With limited access to capital, however, many First Nations are unable to become part owners of these power projects. The Regeneration Fund provides financing that enables First Nations to purchase equity positions in projects. With an abundance of rivers and streams in their territories, many First Nations see run-of-river power production as a key competitive advantage in reviving their local economies.

Financing is made available from the Regeneration Fund as debt to the First Nation. The First Nation repays its loan through dividends and royalties from the run-of-river power project and possibly from other sources. Once the loan is repaid, the dividends and royalties become long-term discretionary income that can be used by First Nations for economic or social development.

The Regeneration Fund will focus on run-of-river projects that minimize environmental impacts and maximize socio-economic benefits to local First Nations.

For further information contact Tale'awtxw Aboriginal Capital Corporation at 604.926.5626.