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 > Acquisition and new issue at $19.40

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Comment by Defiance2050on Aug 18, 2021 11:51pm

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Post# 33728631

RE:RE:RE:Acquisition and new issue at $19.40

The Texas renewable losses were sector wide and the market caps were hit in multiples above the losses. EV/EBITDA valuations were lowered and hopefully have stabilized. Assuming no other power grid almost collapses it will be a one off event.

Coal is being phased out, who knows how long in the future before natural gas or nuclear gets targeted next.

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