Capstone Infrastructure Corporation (TSX: CSE.PR.A) (the "Corporation" or "Capstone") is proud to announce the execution of three 30-year Electricity Purchase Agreements with BC Hydro alongside Indigenous partners. The three wind projects – Brewster, Highland Valley, and Mount Mabel – were selected by BC Hydro in their recent Call for Power and will have a total combined capacity of 537 MW. Together, the projects will generate approximately 1.4 million MWh of electricity annually, enough to power more than 157,000 average British Colombian homes per year.
All projects are Indigenous led partnerships with a 51% equity ownership interest by Wei Wai Kum First Nation (Brewster Wind), Ashcroft Indian Band (Highland Valley Wind), and Lower Nicola Indian Band (Mount Mabel Wind) respectively.
"We’re thrilled to have three projects selected by BC Hydro’s recent renewables procurement. Capstone prides itself on responsible and sustainable development, construction, and operation our projects, while delivering quality jobs and significant economic benefits for local communities and our Indigenous partners,” says David Eva, CEO of Capstone, “and we believe our project partners share this same vision. We’re all looking forward to playing a major role in British Columbia’s clean energy future.”
The selected projects:
Brewster Wind Project: This project is a collaboration between Wei Wai Kum First Nation, located approximately 50 km northwest of Campbell River on Vancouver Island. The wind energy facility will have an nameplate capacity of 197 MW.
“The Brewster Wind Project is a milestone for the Wei Wai Kum Nation, embodying our vision for clean energy and sustainable development. It demonstrates the power of partnerships between Indigenous communities and industry to drive positive change. This project is more than just energy production—it is an opportunity to create jobs, invest in our community, and build economic resilience for generations to come. It will support economic growth and prosperity across the greater Vancouver Island region, addressing the critical need for new power to unlock future projects and investments.”
- Chief Christopher Roberts, Wei Wai Kum First Nation
Highland Valley Wind Project: The Project is located approximately 18 km west of the District Municipality of Logan Lake in the Thompson-Nicola Regional District in the Southern Interior. The 197 MW wind energy project is a collaboration between Ashcroft Indian Band and Capstone.
“We welcome the opportunity provided by BC Hydro’s selection of the Highland Valley Wind Project and look forward to working together with our partner, Capstone. This project is a significant advancement in economic reconciliation and marks a new era in Indigenous ownership and control of our resources. We believe that working together is the best course for all of us.”
- Chief Greg Blain, Ashcroft Indian Band
Mount Mabel Wind Project: Capstone, in partnership with the Lower Nicola Indian Band, this 143 MW wind energy project is located in the Thompson-Nicola Regional District in the Southern Interior, approximately 25 km northeast of Merritt.
“We are excited about the Mount Mabel Wind Project moving forward - it marks another important step for LNIB’s continued leadership and investment in the energy sector and increased economic self-sufficiency. We look forward to building a strong partnership and world-class renewable energy facility with Capstone, as well as the economic benefits this project will provide for our Nation and the broader community.”
- Chief Stuart Jackson, Lower Nicola Indian Band (LNIB)
Capstone Infrastructure Corporation | www.capstoneinfrastructure.com
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