in News Departments > New & Noteworthy
print the content item

Caisse de depot et placement du Quebec, a financial institution that manages funds primarily for public and private pension and insurance plans, has invested $500 million in 1.5 GW of operating wind farms in the U.S. and Canada.

The wind farms are currently owned and operated by Invenergy Wind LLC. Following the transaction, Invenergy will remain the majority controlling shareholder.

Caisse will have a material financial interest in 11 wind projects in the U.S. and two wind projects in Canada. Included in this portfolio is the 138.6 MW Le Plateau wind farm, located in Quebec. The project is sited in the Gaspesie region of Quebec and has been in commercial operation since early 2012. The project sells all of its renewable energy to Hydro-Quebec under a long-term contract.


Mortenson Construction_id2024

Trachte Inc._id1770
Latest Top Stories

Wind And Solar Helped California Grid During Challenging Summer

According to the California Independent System Operator, the state suffered from heat waves and drought this year, and wind power played a "significant role" in keeping the lights on.


Recapping The Wind Industry's Third-Quarter Deals

Mercom Capital Group recaps investment and merger and acquisition activity during July, August and September.


Yearly Installed Capacity Figures Already Beat 2013 Numbers, More Wind On The Way: AWEA

While the American Wind Energy Association (AWEA) lobbies Congress to extend the production tax credit, the association notes wind projects now under construction signal a vibrant 2015.


Yahoo Inks Contract To Buy Kansas Wind Power

The Internet company plans to log in to the Alexander wind project, which is being built by community developer OwnEnergy.


Could Initial Offshore Wind Projects Crash New England's REC Market?

Some are concerned that the first offshore wind projects could negatively impact pricing of renewable energy credits (RECs) in New England.

BG 2015DblBox_id2032
Hybrid Energy Innovations 2015
Renewable NRG_id1934
Canwea_id1984