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Bullboard - Stock Discussion Forum Innergex Renewable Energy Inc T.INE.P.C


Primary Symbol: T.INE Alternate Symbol(s):  INGXF | T.INE.DB.B | T.INE.DB.C | T.INE.P.A

Innergex Renewable Energy Inc. is a Canada-based independent renewable power producer. The Company develops, acquires, owns and operates renewable power-generating facilities with a focus on hydroelectric, wind and solar production as well as energy storage technologies. The Company produces and sells electricity generated by its hydroelectric, wind and solar facilities to publicly owned... see more

TSX:INE - Post Discussion

Innergex Renewable Energy Inc > 30-year power purchase agreement with Hydro-Québec T.INE
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Post by Betteryear2 on May 31, 2023 8:37am

30-year power purchase agreement with Hydro-Québec T.INE

  • Signature of a 30-year "take-or-pay" power purchase agreement indexed to 30% inflation with Hydro-Qubec for the electricity to be produced by the Mesgi'g Ugju's'n 2 wind project
  • Marks a significant milestone in the progression of the project
  • Second project led by a 50-50 partnership between the three Mi'gmaq communities in Quebec and Innergex, following the success of the 150 MW Mesgi'g Ugju's'n wind facility commissioned in 2016

LONGUEUIL, QCMay 31, 2023 /CNW/ - Innergex Renewable Energy Inc. (TSX: INE) ("Innergex" or the "Corporation") and Mi'gmawei Mawiomi Business Corporation ("MMBC") are pleased to announce the signature of a 30-year "take-or-pay" power purchase agreement indexed to 30% inflation with Hydro-Qubec for the electricity to be produced by Mesgi'g Ugju's'n 2 ("MU2").

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