Innergex Renewable Energy Inc T.INE.P.C

Primary Symbol: T.INE Alternate Symbol(s): T.INE.DB.B | T.INE.DB.C | T.INE.P.A | INGXF

Utilities Utilities - Independent Power Producers

Innergex Renewable Energy Inc. is a Canada-based independent renewable power producer. The Company develops, acquires, owns and operates renewable power-generating facilities with a focus on hydroelectric, wind and solar production as well as energy storage technologies. The Company produces and sells electricity generated by its hydroelectric, wind and solar facilities to publicly owned utilities or other creditworthy counterparties. It operates in three segments: hydroelectric power generation, wind power generation, and solar power generation. It manages a portfolio of assets consisting of interests in 85 operating facilities with a net installed capacity of approximately 3,676 MW (gross 4,226 MW), including 40 hydroelectric facilities, 35 wind farms, nine solar farms, and one battery energy storage facility. It also holds interests in approximately 13 projects under development and several prospective projects at different stages of development.

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Innergex Renewable Energy Inc

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Post by BoldForbeson Aug 13, 2020 12:33pm

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Post# 31403851

Average Up

I have nibbled on below $17 US and averaged up.

Innergex appears to have a good conservative growth opportunity with a stable dividend.

The growth opportunity appears to come from several factors, including (not limited to) the global economies coming back online, Innergex integrating batteries to store power, generation power increasing and (most likely) a political leadership change in the US.

I have doubled my position and may nibble more,

BF

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