Votorantim and Canada Pension Plan Investment Board to jointly control new wind farm company in Brazil.

Votorantim and Canada Pension Plan Investment Board to jointly control new wind farm company in Brazil.

The European Commission said Tuesday that the EC has approved, under the EU Merger Regulation, the proposed creation of a company jointly controlled by Votorantim of Brazil and the Canada Pension Plan Investment Board. The newly created joint venture, VTRM Energia Participações, will operate wind farms in Brazil. As part of the proposed concentration, Votorantim […]

FMO invests USD 25 million in JCM Power.

FMO invests USD 25 million in JCM Power.

FMO has committed to invest up to US$25 million in JCM Power. JCM Power is a Canadian-based renewable energy independent power producer developing and operating renewable energy projects in Africa, Latin America and South Asia. JCM Power aims to establish long-term partnerships with local communities, governments and financial institutions to build and operate clean energy […]

Enel sells minority stake in two Canadian wind projects.

Enel sells minority stake in two Canadian wind projects.

Enel, through its US renewables company Enel Green Power North America, Inc. (“EGPNA”), has signed a partnership agreement with Alberta Investment Management Corporation (“AIMCo”), whereby the Group will sell 49% of the shares in the 115 MW Riverview wind farm and in the 30.6 MW Phase 2 of Castle Rock Ridge wind farm, both to […]

Innergex completes $1.1 billion acquisition of Alterra Power.

Innergex completes $1.1 billion acquisition of Alterra Power.

Innergex Renewable Energy Inc. completed the previously disclosed acquisition of Alterra Power Corp. by way of an arrangement agreement pursuant to which Innergex acquired all of the issued and outstanding common shares of Alterra for an aggregate consideration of $1.1 billion, including the assumption of Alterra’s debt. Innergex’s acquisition of Alterrra, its largest and most […]

OPG, First Nations Group partner on Ontario Hydro Project.

OPG, First Nations Group partner on Ontario Hydro Project.

A partnership between Ontario Power Generation (OPG) and Coral Rapids Power, a wholly owned subsidiary of Taykwa Tagamou Nation (TTN), a Cree nation in northeastern Ontario, in late August announced the completion of a two-unit, 28-MW hydropower project in the province. The $300 million construction project involved more than 200 workers, including about 50 indigenous […]

GE Renewable Energy to upgrade pair of units at OPG’s 205-MW Little Long hydroelectric plant.

GE Renewable Energy to upgrade pair of units at OPG’s 205-MW Little Long hydroelectric plant.

Canadian utility Ontario Power Generation has awarded a contract to GE Renewable Energy to perform a major overhaul and upgrade of two units at its 205-MW Little Long hydroelectric plant near Kapuskasing, Ontario. The deal, announced during HydroVision International 2017, will see GE Renewable Energy replace the switchgear and electrical components for Little Long’s 65 W Unit 1 […]

23.2-MW Hydro-Canyon Saint-Joachim facility in Canada has entered commercial operation.

23.2-MW Hydro-Canyon Saint-Joachim facility in Canada has entered commercial operation.

Commissioning of the 23.2-MW Hydro-Canyon Saint-Joachim facility was completed in January 2017 and the facility entered commercial operation in February 2017. The project, on the Sainte-Anne du Nord River in Saint-Joachim, Quebec, Canada, is owned by Societe Hydro-Canyon Saint-Joachim. Construction work on the project began in February 2015, and AXOR Group was the engineering, procurement […]

Cost of Manitoba Hydro’s Keeyask dam project rises $2.2 billion.

Cost of Manitoba Hydro’s Keeyask dam project rises $2.2 billion.

In-service date pushed back two more years The cost of Manitoba Hydro’s Keeyask dam project is ballooning by billions, and its in-service date will be pushed back nearly two more years, the Crown corporation announced Tuesday. The contentious project, which the previous NDP government touted as critical to the province’s future for power production and […]

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