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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

Comment by smush74on Jul 19, 2023 3:40pm
233 Views
Post# 35548585

RE:Takeover/Merger opportunity

RE:Takeover/Merger opportunity
Just my opinion,
would like to see something move the share price, I think a merger of equals could be an option but I don't see it on the horizon in the short term or even interest by the company. As for aquistions I don't see them buying a competitor just because debt they would have to take on not to mention intergration. Are they a take over target, that I don't know but think it would have to be a company with deep pockets like a BEPC.

Hold INE, NPI and BEPC all have been flat for over a year, my opinion the whole sector is on a holding pattern, with interests rate uncertainty even if the demand for renewables is there I wouldn't want to over leverage themselves.
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