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Innergex Renewable Energy to buy Alterra Power in C$1.1 bln deal
2017年10月30日 / 晚上7点51分 / 21 天前

Innergex Renewable Energy to buy Alterra Power in C$1.1 bln deal

Oct 30 (Reuters) - Innergex Renewable Energy said it will buy Alterra Power Corp in a deal valued at C$1.1 billion ($857.83 million)including debt as the power producer looks to diversify its energy portfolio.

Alterra shareholders will receive C$8.25 per Alterra share, payable in C$2.06 cash and 0.4172 of a common share of Innergex​, the companies said in a joint release on Monday.

The deal represents a premium of 62.7 percent to Alterra’s last close of C$5.07. ($1 = 1.2823 Canadian dollars) (Reporting by Anirban Paul in Bengaluru; Editing by Arun Koyyur)

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