Latest Issue
 
Windtech International May June 2024 issue

 

FOLLOW US AT

follow

 

follow


Innergex Renewable Energy has announced that a final agreement has been signed with Velocita Energy Developments (France) Limited to purchase three wind projects in France with a total aggregate installed capacity of 119.5MW. As of today, 97.3MW out of 119.5MW (or 81%) have already reached mechanical completion and the remaining turbines are in the late stage of construction with full commissioning expected in phases until the end of the year.

Innergex will have a 69.55% interest in the wind farms and Desjardins Group Pension Plan will own the remaining 30.45%. The purchase price of the equity is approximately €51.4 million. Innergex expects to complete the acquisition of the three wind projects by the end of the second quarter of 2017, subject to customary closing conditions. The projects consist of 43 GE wind turbines (each with a gross capacity of 2.78MW) that will be operated by the wind turbine manufacturer under an 18-year operation and maintenance contract.

 
Use of cookies

Windtech International wants to make your visit to our website as pleasant as possible. That is why we place cookies on your computer that remember your preferences. With anonymous information about your site use you also help us to improve the website. Of course we will ask for your permission first. Click Accept to use all functions of the Windtech International website.