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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

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

Comment by taysonon Feb 05, 2022 1:37am
202 Views
Post# 34400441

RE:RE:RE:Management NOT to be trusted

RE:RE:RE:Management NOT to be trustedI've probably been more consistently critical of management's growth strategy than any on here over the years, but the shift in focus to acquisitions that are immediately accretive is a refreshing change. Objectively speaking, shareholders are better off today than they were before this deal.  This deal, and all deals should be viewed through the lens of whether the cash flow or earnings per share increases.  Just because there is dilution does not make a deal "bad".  This next year of earnings will be very telling whether they are actually adding value or are conituniuing with a growth at all costs mentality.  I am cautiously optimistic based on these last two deals but there needs to be clear growth in cash flow per share very quickly or I, and many others will completely lose faith.

tayson
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