Canadian Manufacturing

Innergex acquires six operating wind farms in the US

The $77.3 million deal with Terna Energy involves a total installed capacity of 138 megawatts

July 16, 2020  by CM Staff

LONGUEUIL, Que. — Innergex Renewable Energy Inc. has acquired six operating wind farms in Elmore County, Idaho for $77.3 million from Terna Energy SA.

The six 23-megawatt wind farms, Cold Springs, Desert Meadow, Hammett Hill, Mainline, Ryegrass and Two Ponds have a total installed capacity of 138 megawatts.

The Mountain Air wind farms are equipped with a total of 60 Siemens wind turbines that are all connected to a common substation.

All wind farms have power purchase agreements with Idaho Power Co. for 100% of its capacity over a remaining period of approximately 12.5 years.

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Innergex is an independent renewable power producer that develops, acquires, owns and operates hydroelectric facilities, wind farms and solar farms in Canada, the US, France and Chile.


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