IMCO acquires 413 MW Canadian hydroelectric portfolio from Brookfield Renewable Partners

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The Investment Management Corporation of Ontario (IMCO) announced today that it has acquired a stake in a 413-megawatt Canadian hydroelectric portfolio from Brookfield Renewable Partners. IMCO was part of a consortium of buyers who acquired 25 percent interest in the portfolio.

Comprised of three assets, the portfolio includes the 349-megawatt Great Lakes Power system in Ontario, the 19-megawatt Carmichael facility in Ontario, and the 45-megawatt Kokish facility in British Columbia. The facilities are underpinned by power purchase agreements with investment-grade off-takers and long-term contracts.

 

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