IMCO acquires 413 MW Canadian hydroelectric portfolio from Brookfield Renewable Partners
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.
Country updates
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November 28, 2018
Algonquin completes acquisition of 16.5% stake in Atlantica Yield
Algonquin Power & Utilities announced that it has completed the acquisition of a 16.5% share in Atlantica Yield for a total price of US$345 million. The transaction happened after the acquisition...
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November 22, 2018
Abengoa announces the satisfaction of conditions precedent for the agreed sale of 16.47% of Atlantica Yield to Algonquin Power & Utilities Corp
Abengoa, the international company that applies innovative technology solutions for sustainability in the infrastructure, energy and water sectors, in connection with the agreement with Algonqui...
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November 15, 2018
Canada’s National Energy Board approves the development of 383 MW Manitoba-Minnesota transmission project
Canada’s National Energy Board has issued its decision approving the Manitoba Hydro – Manitoba-Minnesota Transmission Project subject to 28 conditions, and the approval of the G...
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November 07, 2018
Pattern Energy enters agreement to sell stake in 270 MW wind project
Pattern Energy Group Inc. has announced it has entered into an agreement for the sale of the company’s 90 MW minority owned interest in the K2 Wind power facility in Ontario (Canada) f...
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October 26, 2018
Innergex closes acquisition of stake in 590 MW wind portfolio from TransCanada
Innergex Renewable Energy Inc. has announced the completion of the acquisition of TransCanada’s 62% interest in five wind farms in the Gaspé peninsula in Quebec known as Baie-des-Sab...
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