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Innergex Renewable Energy Inc T.INE.PR.A


Primary Symbol: T.INE Alternate Symbol(s):  INGXF | 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

Post by Stratocheifon May 13, 2021 6:15pm
303 Views
Post# 33199437

What exactly is this stock worth

What exactly is this stock worthIm not surprised by the drop. I was surprised back in january how high it went. Idiotic green energy mania. Even at this price what does one get when they buy a share? As per latest financials we have a company with about 4 billion of debt and 800 million equity. And 885 million of "intangables". What exactly is it that allows them to claim a unique blessing valued at 885 million? So a share of this company is really worth nothing imo. The bondholders own this company. And an accumulated deficit of 1.3 billion on top of that. Typical Quebec company.
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