Innergex Renewable Energy Inc T.INE

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

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 RDK241ton Nov 10, 2020 6:10pm

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Post# 31874800

Innergex – Q3 2020

Any thoughts on why such a significant drop in sp?

Innergex – Q3 2020: Multiple construction projects progressing well

News Release

Revenues Proportionate up 14% to $213.7 million in Q3 2020 compared with Q3 2019.
Adjusted EBITDA Proportionate up 6% to $151.4 million in Q3 2020 compared with Q3 2019.
Attractive growth perspectives with $387.2 million in available liquidity.
Four projects now under construction since the 225.6 MW Griffin Trail wind project’s construction activities officially began in September 2020.
The Mountain Air Acquisition was achieved on July 15, 2020.