Innergex Renewable Energy announced the closing of a construction financing and tax-equity commitment for the Foard City wind project located in Foard County, Texas. “Foard City is the largest wind farm project ever built by Innergex and, with the Phoebe solar project under construction, will add almost 600 MW of new installed capacity in the United States by the end…
Innergex secures PPA for Texas wind project
Innergex Renewable Energy Inc. has announced that it has signed a 12-year power purchase agreement (PPA) with an affiliate of Luminant, a large Texas-based power company, for 300 MW of its Foard City wind project located in Foard County, Texas. Sales under the PPA will start upon the facility reaching commercial operation. “With all of our ongoing development activities in…
Innergex completes acquisition of Alterra Power Corp
Innergex Renewable Energy has announced the completion of the previously disclosed acquisition of Alterra Power by way of an arrangement agreement pursuant to which Innergex acquired all of the issued and outstanding common shares of Alterra for an aggregate consideration of $1.1 billion, including the assumption of Alterra’s debt. Innergex’s acquisition of Alterra is its largest to…
Innergex acquires interest in two new French wind farms
Innergex Renewable Energy has completed the previously announced acquisition of two wind projects located in Champagne-Ardenne, France with a total aggregate installed capacity of 43 MW from Baywa r.e. The two projects are mechanically completed and should be commissioned in the third and fourth quarter of 2017. Innergex owns a 69.55% interest in the wind farms and…
Innergex begins operations at 150-MW wind farm in Quebec
The three Mi’gmaq communities of Quebec and Innergex Renewable Energy have officially begun commercial operation of the 150-MW Mesgi’g Ugju’s’n wind farm in Gaspésie, Quebec. The project is owned by the Mesgi’g Ugju’s’n (MU) Wind Farm, an entity controlled 50-50 by the three Mi’gmaq communities of Quebec (Gesgapegiag, Gespeg, and Listuguj) and Innergex. Innergex was…
Innergex completes acquisition of seven wind-power projects in France
Innergex Renewable Energy has completed the acquisition of seven operating wind-power projects located in France, from German company wpd europe GmbH. The wind farms are located in the north and center of France. The aggregated installed capacity of all seven farms is 86.8 MW, and the annual long-term average level of electricity production is expected…
Innergex announces acquisition of eight wind-power projects in France
Canadian-based Innergex Renewable Energy recently announce that final agreements have been signed with a German company, wpd europe GmbH, for the acquisition of a portfolio of eight wind power projects located in France. The agreement includes seven operating projects with a combined installed capacity of 87 MW, and another project currently under construction with an…