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Nutrinor-Gilbert completed the acquisition of a 25% stake in Dune-du-Nord wind farm from Plan A Capital.

Synopsis

Nutrinor-Gilbert, a Nutrinor Coopérative and Gilbert Énergie joint venture focused on renewable energy projects, completed the acquisition of a 25% stake in Dune-du-Nord wind farm from Plan A Capital, a provider of advisory services for infrastructure and power sectors. Financial terms were not disclosed. "We are pleased to have contributed to the development and realization of this promising project for the Magdalen Islands. The Dune-du-Nord Wind Farm will make it possible to produce and supply the Madelinote community with renewable energy for the coming decades. For Plan A, the sale of our stake in the Wind Farm company is part of our desire to focus our activities on consulting service. In this regard, we have also diversified the expertise of our team in recent months. Their know-how will allow us to strengthen the support we offer our customers in the realization of their various projects," Hugo Bouchard, Plan A Capital Co-Founder and Managing Partner.

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