Becoming Naka Power
Naka Power (Yellowknife) and Naka Power (NWT) is the new brand name for the company that is a joint partnership between Denendeh Investments Incorporated (DII) and ATCO.
Denendeh Investments Incorporated (DII) and Northland Utilities have proudly joined as equal partners under their new brand name Naka Power (Yellowknife) and Naka Power (NWT). Naka Power (Yellowknife) and Naka Power (NWT) have been lighting up homes and businesses in the Northwest Territories for 70 years. Our office in Hay River services Kakisa, Dory Point, Fort Providence, Sambaa K’e, Wekweeti, Hay River, Enterprise and the K’at’lodeeche First Nation. Our Yellowknife office provides services to Yellowknife and N’Dilo.
We own, operate and maintain the power poles, power lines and other electrical infrastructure that you see overhead or that is buried underground, five substations and five diesel plants. Through the Public Utilities Board, our costs are fully transparent and any changes to its rates are subject to a formal process which includes scrutiny by customers, municipalities and other users.
Naka Power (Yellowknife) and Naka Power (NWT) is a joint partnership between ATCO Ltd. and Denendeh Investments Inc. For over 35 years, Naka Power (Yellowknife) and Naka Power (NWT) have been part owned by Denendeh Investments Incorporated (DII), representing 27 Dene First Nations across the Northwest Territories.
Through this partnership, Denendeh Investments Incorporated is able to invest in Indigenous organizations and initiatives that contribute to sustainable economic and social development. Community members are also encouraged to participate in Naka Power (Yellowknife) and Naka Power (NWT)'s Job Shadowing and Indigenous Placement Program.
In June 2022, DII and ATCO celebrated a historic milestone in our 35-year partnership, announcing the completion of a landmark deal that increases DII's ownership stake in Naka Power (Yellowknife) and Naka Power (NWT) from 14 to 50 per cent.