# Innergex and Hydro-Québec acquire 60 MW Curtis Palmer hydro portfolio for US$310M

Innergex and Hydro-Québec jointly acquired the 60 MW Curtis Palmer run-of-river hydroelectric portfolio in New York for US$310 million upfront cash, plus an earn-out. Each will own 50%.

- Type: Acquisition
- Announced: 2021-08-17
- Where: Corinth, New York, United States
- Value: $310.0M
- Status: announced
- Capacity: 60 MW
- Products: hydroelectric power
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Hydro-Québec](https://endata.com/companies/3478.md) (acquirer)
- [Innergex Renewable Energy](https://endata.com/companies/27677.md) (acquirer)
- [Atlantic Power](https://endata.com/companies/57160.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2021/08/17/2282306/0/en/Innergex-and-Hydro-Qu%C3%A9bec-Announce-the-First-Joint-Acquisition-Under-Their-Strategic-Alliance-and-Concurrent-Bought-Deal-Equity-Financing-and-Private-Placement-by-Innergex.html), 2021-08-17: "This joint acquisition is the first under the Strategic Alliance formed by Innergex and Hydro-Québec in 2020."

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