Enbridge Inc. (TSX and NYSE: ENB) and EDF EN Canada Inc. have entered into an agreement under which Enbridge will invest approximately C$170 million ($172 million) to acquire a 50 percent interest in the 150 MW Massif du Sud Wind Project in Quebec.
The project consists of 75 REpower wind turbines and has a 20-year power purchase agreement with Hydro-Quebec. Construction began in November 2011 and is expected to be completed in December 2012.
EDF EN Canada Inc.'s operation and maintenance affiliate, EDF Renewable Services Canada Inc., will provide long-term operations and maintenance (O&M) services.
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