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Enbridge invests $225 million to boost wind power portfolio

from Canadian Manufacturing

Enbridge Inc. will buy additional ownership stakes in two Quebec wind projects from existing partner EDF EN Canada Inc. Enbridge will invest approximately $225 million to acquire an additional 17.5 per cent stake in the 300 megawatt (MW) Lac Alfred Wind Project and an additional 30 per cent stake in the 150 MW Massif du Sud Wind Project. Both transactions are subject to customary closing conditions and are expected to be completed in mid-October. more


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