Innergex Acquires Cartier Wind Farms

Increases Innergex’s net capacity by 366 MW / 49 employees to join Innergex’s team of experts / Closing of the short-term financings related to the acquisition

Innergex Renewable Energy Inc. is pleased to announce the completion of the previously disclosed acquisition of TransCanada’s 62% interest in five wind farms in the Gaspé peninsula in Quebec known as Baie-des-Sables, Carleton, Gros-Morne, L’Anse-à-Valleau and Montagne Sèche (the “Cartier Wind Farms”), as well as its 50% interest in the operating entities of the Cartier Wind Farms, for a total consideration of approximately $620 million after adjustment for distributions received by TransCanada since July 1, 2018. Innergex already owned the remaining interests in both Cartier... ... More: Official Press Release Innergex

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Innergex, Cartier Wind Farms, acquisition, jobs, interest, wind farm, stakes