Enbridge To Acquire 50 Per Cent Stake In Quebec Wind Farm For $170 Million

Posted: Updated:
ENBRIDGE WIND FARM
Enbridge Inc. says it will invest $170 million to acquire a 50 per cent stake in the 150-megawatt Massif du Sud wind farm in Quebec. (Wikimedia: Philipp Hertzog) | Wikimedia: Philipp Hertzog

CALGARY - Enbridge Inc. says it will invest $170 million to acquire a 50 per cent stake in the 150-megawatt Massif du Sud wind farm in Quebec.

The investment is in partnership with EDF EN Canada, a company involved in renewable energy development.

It is Enbridge's (TSX:ENB) second wind project in the province following its co-investment with EDF in the 300-MW Lac Alfred wind farm.

The Massif du Sud farm consists of 75 wind turbines.

Construction began in November 2011, and is expected to be completed later this month.

When fully operational, the project will generate enough clean electricity to meet the needs of about 35,000 homes.

Also on HuffPost:

Close
Wind Turbines Around The World
of
Share
Tweet
Advertisement
Share this
close
Current Slide

Suggest a correction

Around the Web

Wind - Enbridge Inc.

Renewable Energy - Enbridge Inc.

Enbridge to buy 50% of Quebec wind farm - Canada.com

List of Wind Farms - Canadian Wind Energy Association

Enbridge to acquire 50% stake in Quebec wind farm for $170M