Bullboard - Stock Discussion Forum Innergex Renewable Energy Inc T.INE.PR.A

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

Utilities Utilities - Independent Power Producers

Innergex Renewable Energy Inc. is a Canada-based independent renewable power producer. The Company develops, acquires, owns and operates hydroelectric facilities, wind farms, solar farms and energy storage facilities. It operates in three segments: hydroelectric power generation, wind power generation, and solar power generation. It conducts operations in Canada, the United States, France and... see more

Add To Watchlist

TSX:INE - Post Discussion

Innergex Renewable Energy Inc > 30-year power purchase agreement with Hydro-Québec T.INE

View:

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, QC, May 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").

337