- Published: 23 February 2017 23 February 2017
Innergex Renewable Energy has completed the acquisition of the 44MW Yonne wind farm located in northern France. The Yonne wind facility was under construction when Innergex announced the acquisition of 8 French wind projects in March 2016.
Its commissioning activities began in the fourth quarter of 2016 and were completed at the end of January 2017. Innergex owns a 69.55% interest in the wind farm and Desjardins Group Pension Plan owns the remaining 30.45%. The total purchase price amounts to € 35.2 million (equivalent to CAN$ 49.0 million), subject to certain adjustments and includes € 3.8 million (equivalent to CAN$ 5.3 million) of working capital.