Innergex Renewable Energy (TSE:INE) has released an update.
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Innergex Renewable Energy Inc. has partnered with the Innu Council of Pessamit and the RCM of Manicouagan to sign a historic 30-year power purchase agreement with Hydro-Québec for a 300 MW community wind project. This landmark deal not only promises economic and social development for the Innu First Nation of Pessamit and local communities but also marks a significant step towards energy sovereignty and sustainable development. The agreement is expected to provide continuous revenue indexed to inflation and contribute to a reduction in the carbon footprint.
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