Innergex Renewable Energy Inc T.INE.DB.C

Primary Symbol: T.INE Alternate Symbol(s): INGXF | T.INE.PR.A | T.INE.PR.C | T.INE.DB.B

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

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Post by Possibleidiot01on Dec 13, 2023 3:09pm

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Post# 35782851

Chris Blumas - BNN- Don't buy?

"You need to do something at some point. More recovery potential than others."

Well , this suggests if you're brave , averaging down.

stockchase.com

DON'T BUY

Tough, down about half. Lots of money was chasing few investment outlets, and that bid up the multiples of all green energy. Valuation changed dramatically, further compounded by rising interest rates. Operating weakness. Steer clear.

If you own it, hard to exit at a 50% loss. You need to do something at some point. More recovery potential than others. Other income opportunities out there with less risk.

electrical utilities

$9.000