Innergex, Desjardins pension buy France's Yonne wind farm
Innergex Renewable Energy Inc (TSX: INE) has closed its acquisition of the 44 megawatt Yonne wind farm in northern France. The deal, which was done in partnership with Régime de rentes du Mouvement Desjardins, reflected a purchase price of €35.2 million ($49 million). Innergex now owns a 69.55 percent interest in the wind farm, while Desjardins owns the remaining 30.45 percent. Based in Longueuil, Québec, Innergex is an owner and operator of hydroelectric facilities, wind farms and solar photovoltaic farms in Canada, the United States and Europe. It is a portfolio investment of Caisse de dépôt et placement du Québec.
21 February 2017•4 mins read
