TransCanada to sell 62 pct stake in Cartier facilities to Innergex: Reuters
TransCanada Corp has agreed to sell its 62 percent stake in Cartier wind power facilities in the Gaspé peninsula in Québec to Innergex Renewable Energy Inc for about $630 million, Reuters reported. The assets include five wind farms with a total generating capacity of 590 megawatts, of which TransCanada’s share is 365 megawatts. The sale is expected to close in Q4 2018. Longueuil, Québec-based Innergex, which is backed is backed by Caisse de dépôt et placement du Québec, currently owns the remaining interests in the Cartier wind farms and Cartier operating entities.
3 August 2018•1 min read
