Innergex Renewable Energy Inc T.INE

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

Utilities Utilities - Independent Power Producers

Innergex Renewable Energy Inc. is a Canada-based independent renewable power producer. The Company develops, acquires, owns and operates hydroelectric facilities, wind farms, solar farms and energy storage facilities. It operates in three segments: hydroelectric power generation, wind power generation, and solar power generation. It conducts operations in Canada, the United States, France and Chile and manages a large portfolio of high-quality assets consisting of interests in 88 operating facilities with an aggregate net installed capacity of 3,375 MW (gross 4,328 MW), including 41 hydroelectric facilities, 35 wind facilities, nine solar facilities and three battery energy storage facilities. It also holds interests in 13 projects under development with a net installed capacity of 930 MW (gross 1,281 MW), three of which are under construction, as well as prospective projects at different stages of development with an aggregate gross installed capacity totaling 9,912 MW.

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Innergex Renewable Energy Inc

Bullboard Posts

Post by FrankoLon Sep 05, 2013 10:25pm

397 Views

Post# 21721791

RE: Analyst Recommendation

Thanks for the link. I am surprised the stock went down to the 8.6 even after the great Q2 result, but it looks like the whole sector had a bad month. Boralex also had great result and went from 11.4 to 10.6.

With 3 projects adding 50mw in Q4 and the possible dividend increase that should follow ( if they keep the payout ratio high at around 95 %), I still believe we should expect a 11-12 $ price in Q1 2014.

Bullboard Posts

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