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Innergex Renewable Energy Inc. and MMBC Secure C$65.3M Project Financing for the Mesgi'g Ugju's'n Wind Project in Québec


Date

December 16, 2024

Offices Involved

Value

65.3 Million CAD

Innergex Renewable Energy Inc. (Innergex) and Mi'gmawei Mawiomi Business Corporation (MMBC), an organization established by the three Mi’gmaq communities located on the territory of Gespe’gewa’gi, namely, Gesgapegiag, Gespeg and Listuguj, have closed C$65.3M in project financing for the Mesgi'g Ugju's'n Wind Project, a 150 MW wind project located in the MRC d'Avignon, Québec. Mesgi'g Ugju's'n will deliver significant clean energy capacity to Hydro-Québec, support regional economic development, and strengthen collaboration between public and private partners in advancing Québec’s renewable energy goals.

Innergex Renewable Energy Inc., based in Quebec, is an independent renewable power producer which develops, acquires, owns and operates hydroelectric facilities, wind farms, solar farms and energy storage facilities across Canada, the United States, France and Chile, managing a large portfolio of high-quality assets currently consisting of interests in 91 operating facilities and 16 projects under development, with an aggregate gross installed capacity totaling 10,288 MW.

McCarthy Tetrault advised Innergex Renewable Energy Inc. with a team led by Richard O’Doherty that included, François Dupuis, Quentin Pérès (Financial Services), and Mathieu LeBlanc (Corporate).

People

  • Richard O'Doherty
    Richard O'Doherty

    Partner | Co-Leader, National Business Law Group

    People.Offices.Singular Montréal

  • Mathieu Leblanc headshot
    Mathieu LeBlanc

    Partner | Co-Head, National Energy Group

    People.Offices.Singular Québec City