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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

Post by infoisgoodmanon Oct 03, 2023 2:42pm
328 Views
Post# 35667486

That's It For Me

That's It For MeI ran screaming for the exit after my last post with the profits I had left.  I never invested in this company or sector.  I invested in a business that I liked and thought had a great future in Alterra Power.  I was right.  While that business often missed on earnings it had good assets, future and Ross Beattie, who was slamming down the debt and at the end even started a dividend.  We got bought out by Innergex at a pretty good premium.  I thought this might be a good thing and gave it an honest chance.  So many news releases about new power agreements, new windmills, new everything and so much expansion and potential.  Had a big juicy dividend.  Watched my money double and then come crashing down.  My profits are worth more than the dividend and my stomach couldn't take it any more so that is it for me.  I wish everyone luck in their future endeavours.
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