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BRIEF-Innergex strengthens presence in France with the acquisition of two wind projects with a total capacity of 24 MW

Published 2016-12-12, 04:45 p/m
© Reuters.  BRIEF-Innergex strengthens presence in France with the acquisition of two wind projects with a total capacity of 24 MW
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Dec 12 (Reuters) - Innergex Renewable Energy Inc INE.TO :

* Innergex Renewable Energy Inc - total purchase price, payable at closing, will be about eur 15.05 million (equivalent to c$20.96 million)

* Innergex Renewable Energy -co's share of purchase price will be eur 9.06 million and it will fulfill obligation to pay its portion through available funds

* Innergex Renewable Energy Inc - wind farms are expected to generate annual revenues of about eur 6.24 million in 2017

* Innergex strengthens presence in France with the acquisition of two wind projects with a total capacity of 24 MW Source text for Eikon: ID:nCNWf7vLBa Further company coverage: INE.TO

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