# Innergex to acquire Alterra Power for $1.1 billion

Innergex Renewable Energy Inc. will acquire all outstanding shares of Alterra Power Corp. for $1.1 billion, including debt assumption. The deal adds eight operating projects and a development pipeline.

- Type: Acquisition
- Announced: 2017-10-30
- Where: Canada
- Value: $1.10B
- Status: announced
- Products: renewable energy
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Innergex Renewable Energy](https://endata.com/companies/27677.md) (acquirer)
- [Alterra Power Corp.](https://endata.com/companies/27678.md) (target)

## Sources

- [newswire.ca](https://www.newswire.ca/fr/news-releases/innergex-renewable-energy-to-acquire-alterra-power-corp-654140733.html), 2017-10-30: "Innergex will acquire 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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.