- jlachapelle0
Signature of PPA
On May 27, 2019, Pituvik and Innergex signed a 40-year Power Purchase Agreement with Hydro-Quebec for the Innavik hydro project.
The signature of the 40-year agreement was made in Montreal by Eric Atagotaaluk, President of Pituvik, Michel Letellier, President and CEO of Innergex Renewable Energy, and Eric Filion, President of Hydro-Québec Distribution. The PPA provides for the payment of a fixed annual amount in return for guaranteed contracted energy and capacity and will begin at commercial operation of the Innavik hydro project.
Read some related coverage here:
https://www.cbc.ca/news/canada/montreal/inukjuak-hydroelectric-dam-agreement-1.5152005
https://www.innergex.com/wp-content/uploads/2019/05/INE_INNAVIK_PPA_EN.pdf