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Innergex Renewable Energy
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Innergex Closes $142 Million Bridge Loan For The Hale Kuawehi Solar and Battery Storage Project in Hawaii
US$100 million (CAN$142 million) non-recourse bridge loan for the Hale Kuawehi solar and battery storage project in Hawaii
The construction phase is completed, and Hale Kuawehi is now advancing toward the final commissioning and testing stages
Upon its commissioning, the project will benefit from a 25-year power purchase agreement with the Hawaii Electric Light Company
The proceeds will be used mainly to repay the corporate revolving credit facility, effectively reducing corporate leverage
Dec 17, 2024
Innergex announces the commissioning of its second largest energy storage facility in Chile
Innergex Renewable Energy Inc. (TSX: INE) ("Innergex" or the "Corporation") is pleased to announce that its 35 MW/175 MWh (5 hours) San Andrés battery energy storage facility has begun operations and is injecting energy to the grid.