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

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 > Completes its Acquisition of Energía Llaima in Chile

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Comment by apollojeticon Jul 15, 2021 12:11pm

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Post# 33552318

RE:Completes its Acquisition of Energía Llaima in Chile

The market is not reacting positively to this latest move. A little surprising. Perhaps it's also the issuing of another 1,148,000 shares to Hydro Quebec that they have to pay a dividend on with the payout ratio already way over 100%, or a combination of higher inflation going forward.

The earnings come out August 3 so that will be very important after the 1st quarter fiasco. Only up from that report I would think.

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