PE-Backed Innergex Completes $28.6M Buy of Magpie Hydro Facility
Renewable power producer Innergex Renewable Energy Inc. (TSX: INE) has completed its previously announced $28.6 million acquisition of the Magpie 40.6 MW run-of-river hydroelectric facility located in northeastern Québec. The facility was bought from Hydromega Group of Companies. Founded in 1990, the Longueuil-based Innergex is a portfolio company of Canadian pension fund manager the Caisse de dépôt et placement du Québec.
26 July 2013•7 mins read
