Back In INGXFYears ago I was a MGMXF (Alterra) shareholder. Innergex bought Alterra and I ended up cashing out.
I kept trackng Innergex on and off.
There are few announcements, but it appears as if the $11 - $13 (US) is a good entry point.
I look forward to Innergex having solid returns moving forward with growth in revenue and dividend.
Just as with MGMXF patience was required. I believe patience will be required here, as well as rewarded.
There does seem to be a lot of challenges in the Utility sector. Low oil and gas prices may be a solid issue for renewable companies. However, this will also allow good entry points for long-term holders if the pressure is short-term.
Good luck to longs,
Bold Forbes