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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

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.


TSX:INE - Post by User

Comment by BoldForbeson Feb 26, 2018 7:45pm
83 Views
Post# 27624862

RE:RE:RE:Forth quarter financial report

RE:RE:RE:Forth quarter financial reportNewstock,

I was cashed out of some of my shares on the merger.  Not sure what happened...I am ok with this as it was a cheaper was to liquidate than broker fees for selling.

Looks more stable than AXY.  The dividend will pay you to wait.

I have used the cash to diversify in the mean time, but I will keep an eye on INE for a re-entry point as I am not afraid to take the risk to place a large portion of networth in one company.

Still trying to balance INE's debt, overhead and growth.  If they can successfully buildout the pipeline and add new projects while reducing debt and overhead the dividend in the future could be very rewarding.  That is a lot for management to digest.

BF
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