ONTARIO — Potentia Renewables signed two long-term Power Purchase Agreements (PPAs) with SaskPower for a combined 300 megawatts (MW) of new energy projects in Saskatchewan.
The agreements include a 100 MW solar energy development called Southern Springs Solar and a 200 MW wind energy development known as Rose Valley Wind.
These projects reinforce Potentia’s commitment to expanding sustainable energy infrastructure across Canada and build on its established presence in Saskatchewan, where Potentia currently operates the 200 MW Golden South Wind Project near Assiniboia.
Potentia is proud to be partnering with M-Squared Renewables, a partnership between the Meadow Lake Tribal Council and the Mistawasis Nêhiyawak First Nation on these projects. M-Squared will own 51 per cent of each project, the largest Indigenous ownership to date for projects of this size in Saskatchewan.
“We believe that delivering energy must go hand-in-hand with building strong, respectful and mutually beneficial partnerships with Indigenous communities,” said CEO Ben Greenhouse, Potentia. “These projects embody the principles of collaboration, sustainability, and shared prosperity. We are proud to work alongside the Meadow Lake Tribal Council, Mistawasis Nehiyawak, and SaskPower to create lasting economic benefits and advance the transition to a low-carbon future for Saskatchewan and beyond.”
“The nine First Nations of the Meadow Lake Tribal Council, through its partnership with Mistawasis Nehiyawak, are proud to participate with Potentia in the development of two utility-scale renewable power projects in the Province of Saskatchewan,” said Tribal Chief Jeremy Norman, Meadow Lake Tribal Council. “These new developments will significantly enhance Indigenous participation in the economy of our province while advancing economic reconciliation and self-determination for over 20,000 members of ten Saskatchewan First Nation communities.”
“It is with great honor we congratulate SaskPower, Potentia, Meadow Lake Tribal Council Nations, and Misty Ventures on building this positive relationship through a successful procurement process on the Renewable Energy projects listed Truth and Reconciliation can occur as we continue to show progress and teamwork,” said Chief Daryl Watson, Mistawasis Nehiyawak.
Both projects are expected to move into construction phases shortly, with operations anticipated to commence in late 2027. They will deliver significant benefits, economic development opportunities, and contribute meaningfully to Saskatchewan’s commitment to expanding its energy supply.
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