Innergex Renewable Energy, the Canada-based IPP, raised C$50m ($38.9m) in a private share placement and completed its acquisition of 87MW of operating wind capacity in France from Germany’s wpd. The deal, encompassing seven wind farms ranging in size from 8MW to 25MW, was first announced last month. Most of the power will be sold to EDF under long-term PPAs. Innergex also intends to buy an under-construction 44MW wind farm from wpd in France.