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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 Betteryear2on Mar 01, 2024 4:06pm
228 Views
Post# 35910229

Innergex Awarded 350 GWh per year

Innergex Awarded 350 GWh per year
  • Selection from Chile's largest mining company, marking a pivotal moment in Innergex's trajectory by attracting interest from top-tier offtakers.
  • Secured revenues over a 15-year period, backed by our portfolio of multi-technology renewable projects and assets for a de-risked approach.
  • The contract secures long-term stable revenues for the portfolio, extending overall contracted and cash flow profile while providing optionality to build additional capacity.

LONGUEUIL, QCMarch 1, 2024 /CNW/ - Innergex Renewable Energy Inc. (TSX: INE) ("Innergex" or the "Corporation") is pleased to announce it has been awarded 350 GWh per year in Codelco's latest request for proposals in Chile, reaffirming its status as a leading renewable energy provider in the country. Under the terms of the agreement, Innergex will supply Codelco (S&P: BBB+) with clean energy produced by its portfolio of assets and projects under development from 2026 to 2040.

Innergex Awarded 350 GWh per year in Codelco's Request for Proposals, Solidifying its Position as Leader in Chile (newswire.ca)

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