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Infrastructure and Energy Alternatives, through its subsidiary White Construction, was awarded a $45 million EPC contract by Algonquin Power to build the 118 MW Shady Oaks II Wind Farm in Lee County, Illinois.
Algonquin Power & Utilities Corp. agreed to acquire Ascendant Group Limited, parent of Bermuda Electric Light Company, for $365 million in cash. The transaction is expected to close in late 2019.