Innergex Renewable Energy acquires rights in 18 hydro projects in B.C.

Innergex Renewable Energy Inc. , announces it has completed its previously announced acquisition of a 66 2/3% interest in rights relating to 18 prospective hydroelectric projects representing an aggregate 200 MW of installed capacity located in the Lower Mainland of British Columbia (the "Projects"). The remaining 33 1/3% interest in the Projects remains held by Ledcor Power Group Ltd. ("Ledcor"). This acquisition reinforces the Corporation's position as one of the most important renewable energy developers in Canada, with an aggregate capacity of 2,273 MW in operation, development and prospective projects. read more

Source: Innergex Renewable Energy Inc.