Ajijaak Energy DevelopmentManistee County, MichiganTribal Joint Venture

Tribal sovereignty,
structured as equity —
not as footnote.

Ajijaak is a joint venture between Native Sun Energy Company, Little River Holdings, and Native American Utility Company — producing 600 MW of domestic solar modules and 200,000 panels per year of PV recycling on a ten-plus-acre industrial parcel with Lake Michigan frontage in Manistee, Michigan. The tribe is a capital partner with documented cash flow and governance rights. The prototype for every tribal partnership NSEC will enter from here forward.

— Joint Venture Partners —

The AJJ consortium.
  • Native Sun EnergySponsor · Operator
  • Little River HoldingsTribal Capital Partner
  • Native American Utility Co.Utility Structuring
600 MW
Module Assembly
Annual Capacity
200K
Panels / Year
PV Recycling Line
$93M
JV Allocation
From Platform Capital
Q1 2027
Production Ramp
100% capacity by year-end 2026
01 / THESIS

Tribal sovereignty is an industrial advantage,
not a social add-on.

The ordinary solar-development model treats tribal nations as landowners to lease from, counterparties to negotiate with, and stakeholders to be consulted. The tribe gets a rent check. The developer keeps the economics, the ownership, and the tax credits.

Ajijaak inverts that structure. Little River Holdings is a capital partner with documented cash flow participation and governance rights — not a lessor, not a counterparty. The tribal nation holds equity in what gets built on its people's infrastructure. That distinction is the whole story.

It matters commercially. Ajijaak qualifies for Department of Defense tribal set-aside procurement, Section 45 domestic content bonus, IRA energy community adders, and tribal tax and utility advantages that non-tribal competitors cannot replicate.

It matters morally. For too long, the energy transition has been extracted through tribal land without being shared with tribal people. Ajijaak is one working counter-example — a manufacturing plant that exists because of tribal partnership, operating for tribal benefit, built by a tribally-partnered consortium.

02 / FACILITY

A production-ready industrial site on Lake Michigan.

The Ajijaak facility is an approximately 83,000 square-foot production-ready industrial building with direct highway access to US-31, three-phase 480V 1200-amp electrical service, 19-foot clear production height, seven dock doors plus two drive-in doors, dual compressed-air systems, industrial-grade heating and fire suppression, and a substantial professional office space.

The site sits on a ten-plus-acre industrial-zoned parcel with Lake Michigan frontage, within one mile of downtown Manistee. Grid interconnection, workforce access, and logistics routes are in place on day one — the site was chosen precisely because it does not require a multi-year build-out before production begins.

Target production start is Q1 2027 with 100% of designed capacity operational by end of year 2026 per the operating plan. 120 FTE at full operation plus 24 corporate roles plus 25 recycling-line FTE.

LocationManistee, MIManistee County, Michigan
Parcel10+ acresindustrial-zoned · Lake Michigan frontage
Building~83,000 SFproduction-ready
Clear Height19 ftproduction-grade
Electrical480V / 1200Athree-phase service
Dock Doors7 + 2 drive-infull logistics access
Module Capacity600 MW/ year assembly
Recycling Capacity200,000 panels/ year end-of-life processing
Employment120 + 24 + 25 FTEmanufacturing · corporate · recycling
Production StartQ1 2027100% capacity by EOY 2026 per operational timeline
— Access
US-31
Direct

Primary highway access on-site. Manistee to I-75 in under 90 minutes.

— Workforce
< 1 Mile

From downtown Manistee. Pulls skilled manufacturing labor across four counties.

— Utilities
Day-One
Ready

480V service, compressed air, heating, fire suppression all installed.

— Frontage
Lake
Michigan

Strategic waterfront industrial parcel, a rare asset class in the Lower Peninsula.

03 / PARTNERSHIP MODEL

The model, in three commitments.

How NSEC partners with Little River on Ajijaak — and how every future tribal joint venture will be structured.

— 01

Equity, not royalty.

The tribal partner holds documented equity with cash-flow participation and governance rights, not a passive lease or royalty. The tribe's return scales with the venture's success — not with a fixed payment schedule the developer can offset against costs.

— 02

Utility sovereignty supported.

Native American Utility Company — affiliated but independently governed — advises on tribal utility authority formation, PPA structuring, and FERC/PURPA compliance. Tribes that want to own their utility infrastructure get technical support without conflict of interest.

— 03

Workforce from the host community.

Manufacturing hiring is weighted toward the host community and adjoining tribal counties. Training investment, workforce development partnerships, and skills pipelines are budgeted as part of the operating plan — not as post-hoc community benefit.

"The tribe is a capital partner with documented participation in cash flow and governance rights, not a counterparty to whom we pay a lease."— Native Sun Energy Company · Corporate Portfolio · Part I
04 / TECHNOLOGY

The same integrated stack — in Michigan.

Ajijaak runs the same manufacturing stack as HelioForge Atlas — EcoProgetti SRL semi-automated module assembly equipment out of Italy, laminating Crius Series modules. Cell supply initially through ES Foundry domestic PERC (Crius 5), migrating to Nexus-produced TOPCon cells (Crius 6) as the HelioForge vertical integration completes.

The 200,000-panel/year PV recycling line adjacent to module assembly creates a Michigan-regional closed loop: recycled feedstock from Great Lakes panels flows into raw material recovery, reducing procurement cost and positioning Ajijaak ahead of a U.S. recycling regulatory environment that currently has almost no domestic capacity.

Ajijaak qualifies for the full IRA 45X credit stack plus the domestic content bonus plus the energy community adder — layered on top of tribal procurement advantages. 24-month capital payback at modeled utilization per current financial projection.

Module EquipmentEcoProgetti SRLsemi-automated · Italy
Cell Supply · Phase 1ES Foundrydomestic PERC
Cell Supply · Phase 2Nexus PlantTOPCon · Tainergy tech transfer
ProductsCrius Series 5 → 6PERC → TOPCon
IRA Credit Stack$0.11/W45X + 45 bonus + energy community
Capital Payback24 monthsat modeled utilization
JV Allocation$93.0Mfrom platform capital
05 / COMMUNITY

Why Manistee.

Manistee County sits in Michigan's Lower Peninsula, on Lake Michigan's eastern shore. It is federally recognized as an energy community under IRA, which means projects sited here qualify for an additional 10% investment tax credit adder — stacking on top of Section 45 domestic content and 45X manufacturing credits.

It is also home to the Little River Band of Ottawa Indians, whose tribal holding company — Little River Holdings — serves as Ajijaak's principal tribal capital partner. The tribe's long-standing interest in developing economic infrastructure on Manistee's waterfront, combined with the region's manufacturing workforce and industrial zoning base, made this the right first tribal-JV location.

Ajijaak's jobs — 120 manufacturing, 24 corporate, 25 recycling — are meaningful durable skilled-trade employment in a county that has watched its traditional industrial base contract for decades. The manufacturing hiring plan is designed to recruit from Manistee and the four adjoining counties, with a defined priority for tribal members and transitioning veterans.

CountyManistee, MIMichigan Lower Peninsula
Energy Community StatusQualified+10% ITC adder under IRA
Tribal PartnerLittle River Bandof Ottawa Indians
Holding EntityLittle River Holdingstribal economic development arm
Total Direct Jobs169 FTEmanufacturing · corporate · recycling
Recruiting PriorityLocal + tribal+ transitioning veterans