The Aboriginal Renewable Energy Fund (AREF) is available to provide some funding for eligible First Nation and Métis groups in the development of renewable energy generation projects.
AREF will assist qualifying Aboriginal groups in paying for a portion of soft costs, such as environmental studies, resource assessments, business plans and engineering designs associated with developing their eligible renewable energy projects.
For more information on AREF eligibility requirements please see the Aboriginal Renewable Energy Fund.
The Ontario Financing Authority has introduced the Aboriginal Loan Guarantee Program through which up to 75 percent of the equity needed by a First Nation or Métis community for a project can be guaranteed if the funds for equity need to be borrowed from a bank or other financial institution.
Please find below a list of a number of alternative sources of funding:
|Aboriginal Community Capital Grants Program – Ministry of Aboriginal Affairs|
|ecoENERGY for Aboriginal and Northern Communities Program|
|First Nation Infrastructure Fund – Indian and Northern Affairs Canada|
|Industry Canada – Community Adjustment Fund|
|Integrating Energy Efficiency/Renewable Energy Technologies into Infrastructure Projects – Indian and Northern Affairs Canada|
|Large Energy Projects – Indian and Northern Affairs Canada|
|Nishnawbe Aski Development Fund|
|Northern Energy Program - Northern Ontario Heritage Fund Corporation|
|New Relationship Fund – Ministry of Aboriginal Affairs|
|Northern Ontario Economic Development Fund – Industry Canada|
|Ontario Trillium Foundation|
|P3 Canada Fund|
Please note that the project financing information in this section was prepared by the OPA to provide you with an approximate guideline only to assist you. Actual costs and/or revenues will vary by project and by community and you should not rely only on this information. YOU ARE SOLELY RESPONSIBLE FOR INVESTIGATING ALL REQUIREMENTS OF YOUR PROJECT INCLUDING COSTS AND REVENUES. THE OPA DOES NOT REPRESENT, WARRANT OR OTHERWISE GUARANTEE THE COSTS, REVENUES, FINANCING OR SUPPORT FOR ANY PROJECT.