Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

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.


TSX:INE - Post by User

Comment by taysonon Jun 30, 2023 12:07pm
119 Views
Post# 35522407

RE:RE:RE:Bad investment so far...

RE:RE:RE:Bad investment so far...

McDonalds sells directly to the public, and therefore the value of brand recognition translates directly into the bottom line. INE has no such advantage except to the extent their name gives them direct access to projects or PPA's.  I am not aware of them ever receiving a direct award PPA.  Assets and PPA's are generally awarded in highly competitive processes. Either way, it's hard to put a share value on it and it appears the market values these intangibles very low. The bottom line is the weather patterns haven't been favourable recently and management needs to continue to focus on increasing earnings per share. 


tayson

<< Previous
Bullboard Posts
Next >>