Hydro-Quebec signs PPA for 200 MW Onshore Wind Farm in Canada
RES announced that Hydro-Quebec has signed a Power Purchase Agreement with Parc éolien Apuiat S.E.C., a partnership between the Innu First Nation communities in Quebec and Boralex Inc. The Partnership is concurrently purchasing the 200MW wind project from RES, which is located in the Côte-Nord region of Québec, Canada.
RES launched the development of the site in 2012 and teamed in 2016 with Boralex to develop the Apuiat project. This is a flagship project for participating Innu First Nation communities who shall be project owners alongside Boralex, situated on their Nitassinan (traditional territories), with RES selling down its interest to the long-term owners.
RES and Boralex worked together on the permitting and design of the project, drawing upon RES’ 39 years of experience developing renewable energy projects in Québec and around the globe. The Apuiat project will create approximately 300 jobs during construction.
Peter Clibbon, RES Senior VP of Development, said: "RES is proud to have initiated the Apuiat project and helped the Government of Quebec’s commitment to clean power. Our partnership with Boralex allowed us to advance a high-quality project which both aligns with community interests and values, as well as contributing to reducing the effects of climate change".
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January 19, 2021
Excelsior Renewable Energy Fund reaches final close at USD504 million
Excelsior Energy Capital (“Excelsior”), an independent North American renewable energy investor, announced the final close of its inaugural fund, Excelsior Renewable Energy Investment Fund I LP, with total capital commitments of US$504 million, exceeding the Fund’s US$500 million target.
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January 14, 2021
Canada Infrastructure Bank signs MoU for 250 MW/1000 MWh energy storage project in Canada
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September 02, 2020
FC for 900 MW Cascade Power Project in Alberta
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June 17, 2020
Maxim Power commissions 204 MW gas-fired plant in Canada
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May 05, 2020
CAD2.8bn acquisition of natural gas assets in Canada finalized
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