REGINA — SaskPower has awarded contracts for two major renewable energy projects in south-central Saskatchewan to partnerships involving Potentia Renewables Inc. and its Indigenous partners, the Meadow Lake Tribal Council (MLTC) and Mistawasis Nêhiyawak First Nation.
The 200-megawatt Rose Valley Wind Project will be located east of Assiniboia and operate under a 30-year power purchase agreement (PPA) with SaskPower. The 100-megawatt Â鶹´«Ã½AVern Springs Solar Project will be built south of Coronach and operate under a 25-year PPA.
M-Squared (M2) Renewables, a partnership between MLTC and Mistawasis Nêhiyawak First Nation, will hold 51 per cent ownership in each project—marking the largest Indigenous ownership stake to date in Saskatchewan for renewable projects of this scale.
"With these projects, our government and SaskPower are continuing to advance economic reconciliation and build on our strong relationships with Saskatchewan’s Indigenous communities,” said Jeremy Harrison, Minister Responsible for SaskPower. “Local and Indigenous participation in major projects will continue to deliver economic growth and opportunity for years to come.”
“SaskPower is using every tool at our disposal to maintain affordability and reliability for our customers,” said SaskPower president and CEO Rupen Pandya. “Â鶹´«Ã½AVern Springs Solar and Rose Valley Wind will not create emissions while generating, and together, they will provide the equivalent power for roughly 125,000 Saskatchewan homes.”
“Finalizing the PPAs for the Rose Valley Wind and Â鶹´«Ã½AVern Springs Solar projects marks an exciting milestone for Potentia Renewables,” said Ben Greenhouse, CEO of Potentia Renewables Inc. “These initiatives not only build on the success of our Golden Â鶹´«Ã½AV Wind Facility but also reaffirm our long-term commitment to Saskatchewan’s energy future. We're especially proud to be partnering with the Meadow Lake Tribal Council and Mistawasis First Nation—partnerships that embody our commitment to shared economic prosperity. As we expand our footprint in the province, we're driven by a vision that delivers lasting impact, economic opportunity, and meaningful community collaboration.”
“MLTC is very proud as majority owner through M2 Renewables, to participate in two utility-scale renewable projects,” said MLTC Tribal Chief Jeremy Norman. “These two projects will bring 200 MW of wind and 100 MW of solar energy to power homes, schools and businesses in our province. For the nine nations of MLTC, we value the opportunity to participate in the provincial economy and continue to develop economic prospect on behalf of our membership. As a partner with Potentia Renewables and SaskPower, we are building Saskatchewan’s power future while advancing economic reconciliation and self-determination for Indigenous peoples.”
“It is with great honour we congratulate SaskPower, Potentia, MLTC Nations, and Misty Ventures on building this positive relationship through a successful procurement process on these renewable energy projects,” said Mistawasis Nêhiyawak First Nation Chief Daryl Watson. “Truth and Reconciliation can occur as we continue to show progress and teamwork.”
Both facilities are expected to be operational by late 2027. At that point, SaskPower’s generation portfolio will include 1,217 megawatts of wind and 318 megawatts of solar capacity.
More information is available at .
