Innergex acquires Aela in Chile

Innergex acquires Aela in Chile

M&A Project & Infrastructure Finance Energy Wind ESG Renewable Chile Canada

Canada's Innergex Renewable Energy has acquired Chilean wind power companies Aela Generación and Aela Energía for $686 million in cash, the company said in a press release. Aela is a 60-40 joint venture between London-based infrastructure investment firm Actis and Irish wind and solar power producer Mainstream Renewable Power. The deal gives Innergex an additional 332 MW in renewable energy capacity from three newly built wind farms that have power purchase agreements (PPAs) with 25 local distri

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