Innergex Renewable Energy Inc., the Regional County Municipality of Lotbinière and the Abenaki Councils of Odanak and Wôlinak announced that their 100 MW wind project has been selected in Hydro-Québec's request for proposals. Scheduled for commercial operation in late 2028, the power purchase agreement with Hydro-Québec (S&P credit rating: AA-) is expected to be structured as a 30-year take-or-pay contract, indexed to a predefined percentage of the Consumer Price Index ("CPI"). Once commissioned, the project will generate enough electricity to power the equivalent of 20,000 households.

Construction of the MRC Lotbinière wind project will require the creation of around 200 jobs and will involve the participation of local and regional businesses. Long-term, permanent, skilled jobs will also be created during the operating period. Interconnection and collector system costs will be reimbursed by Hydro-Québec when the facility is commissioned.

The project is subject to the execution of contracts with Hydro-Québec and suppliers, and to the successful completion of permit application processes and regulatory requirements.