Printed by
Abi Larkin,
Editorial Assistant
International Power,
Innergex Renewable Power Inc. (Innergex) entered into an settlement to amass the 60 MW Sault Ste. Marie photo voltaic portfolio positioned in northwestern Ontario, Canada, from Fengate Asset Administration for a purchase order value of CAN $50.2 million, with the idea of CAN $169.5 million in current debt.
“That is our first acquisition in Canada since 2018, and we’re excited so as to add this assortment of high-performing totally contracted photo voltaic belongings to our portfolio for extra and dependable money flows in Canadian {dollars},” stated Michel Letellier, President and Chief Government Officer of Innergex. “The portfolio will increase our geographical diversification and improves our asset combine by including 60 MW of photo voltaic capability to our current fleet.”
For extra information and technical articles from the worldwide renewable trade, learn the most recent situation of Power International journal.
Power International’s Winter 2022 situation
The Winter 2022 situation of Power International hosts plenty of technical articles specializing in wind, photo voltaic, vitality storage, geothermal, and extra. This situation additionally encompasses a regional report on Australia’s renewables sector.
Learn the article on-line at: https://www.energyglobal.com/photo voltaic/24012023/innergex-acquires-60-mw-solar-portfolio-in-ontario/
