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 > Any comments on steady decline in sp?

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Comment by ninjakisson Feb 25, 2021 1:54pm

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Post# 32659633

RE:Any comments on steady decline in sp?

https://thecanadian.news/2021/02/18/to-watch-innergex-dorel-and-shopify/

TL:DR They had to purchase a certain amount of MWh at the market price (around 4K$) while being contractually obligated to sell it to the texan market for around 20$ MWh. Might explain some of the slide.

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