Caisse-backed Innergex buys U.S. solar project from Longroad
Renewable power producer Innergex Renewable Energy Inc (TSX: INE) has acquired the Phoebe solar project in Winkler County, Texas from Longroad Energy Partners LLC. No financial terms were disclosed. The 315 megawatt-DC project, which is expected to reach commercial operation in the third quarter of 2019, will begin construction shortly at a projected cost of $524 million. Innergex said it is the company's largest solar project to date. Based in Longueuil, Québec, Innergex is backed by Caisse de dépôt et placement du Québec.
3 July 2018•4 mins read
