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.
