Mikisew Group is dedicated to establishing genuine, engaged partnerships with each of our top-tier investment partners. Through our collaborative approach, we strive to align our goals as seamlessly as possible, fostering the development of mutual trust, expertise, and capacity. Our investments aim to secure profitable returns that support the success and growth of the Mikisew Cree First Nation. We are committed to promoting capacity building in the realm of private equity and infrastructure investments while upholding our mandate to support responsible and sustainable investment practices, positively impacting the communities where our investments are made.
In the fall of 2019, Mikisew Group acquired a 5.811% interest in Alberta PowerLine (APL). This investment was part of an opportunity for Indigenous communities along the Fort McMurray West 500-kV Transmission Project Line to collectively acquire up to 40% of the asset. In total, seven Indigenous communities participated in the opportunity.
This deal marks a major diversification of Mikisew Group’s traditional investments. It allows us to be part of a low-risk project on traditional territory that will provide a steady stream of cash flow for the next 35 years.
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