Innergex Renewable Energy (Innergex) has announced the completion of its acquisition of the remaining 30.45% minority interest in its wind portfolio of 16 assets in France for a total consideration of CAN$96.4 million.
Innergex now fully owns its assets in France. The 16 assets, on a consolidated basis, are expected to generate annual revenues of approximately €75.8 million (CAN$100.0 million) in 2023, while operating, general and administrative expenses are expected to reach €18.6 million (CAN$24.5 million) during the same period.
