Innergex Renewable Energy and Hydro-Québec have created a strategic alliance that will allow both corporations to accelerate their respective growth strategies and mutually benefit from their complementary skills and knowledge.
Innergex and Hydro-Québec will combine forces to form a new world-class alliance in renewable energy. The strategic alliance is well positioned to leverage the strong Québec know-how in renewable energy and power grid management into global opportunities.
The strategic alliance between Innergex and Hydro-Québec will target specific strategic investments for their mutual benefit. Targeted areas for investment include wind and solar projects with battery storage or transmission, distributed generation, off-grid renewable energy networks, and other sectors as may be agreed by both parties. Hydro-Québec has committed an initial $500 million to the strategic alliance, which will be entirely and exclusively dedicated to co-investment proje
