Innergex Renewable Energy acquires Alterra Power Corp.
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Innergex Renewable Energy Inc. (TSX: INE) (“Innergex” or the “Corporation”) is pleased to announce the completion of the previously disclosed acquisition of Alterra Power Corp. (TSX: AXY) (“Alterra”) 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 (the “Transaction”).
Acquisition Press release
Announcement Press release
Alterra Power Corp.’s shareholders votes results Press release
Documents
Pro Forma Post-Transaction Overview
Webcast – Acquisition of Alterra Power Corp. by Innergex Renewable Energy (PDF)