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

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 > Dividend cut necessary

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Comment by rustybladeson Feb 06, 2024 9:16am

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Post# 35864954

RE:RE:RE:RE:Dividend cut necessary

Hydro Quebec is not a pension fund so return on investment may not be an important consideration.

HQ's mandate is to supply a reliable supply of energy to the province so the strategic reason for the INE shares it acquired probably trumps ROI.

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