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Bullboard - Stock Discussion Forum Innergex Renewable Energy Inc T.INE

Alternate Symbol(s):  INGXF | T.INE.DB.B | T.INE.DB.C | T.INE.P.A | T.INE.P.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 renewable power-generating facilities with a focus on hydroelectric, wind and solar production as well as energy storage technologies. The Company produces and sells electricity generated by its hydroelectric, wind and solar facilities to publicly owned... see more

TSX:INE - Post Discussion

Innergex Renewable Energy Inc > CFO departs
View:
Post by BSdetector2016 on Apr 14, 2022 1:30pm

CFO departs

and the woofy performance continues. So much for renewables; real energy rules!
Comment by apollojetic on Apr 18, 2022 2:48pm
This has been very disappointing and surprising. Hydro Quebec cannot be happy with their 20% holding of this company. Many investors are getting very impatient with Innergex. No one likes to see a CFO just leave. Always a negative. It may be do to the very poor hedges in Texas and the massive loss last year. The CFO would have had some major imput in the construction of those hedges. Hopefully ...more  
Comment by STOCKWIZ on Apr 18, 2022 10:50pm
He was fired over insider trading allegations. https://actualnewsmagazine.com/english/insider-trading-allegations-innergex-fires-senior-executive/
Comment by apollojetic on Apr 19, 2022 8:12am
The CFO has to have a very strong character and this is not what any investor wants to see obviously.  There's an old saying. "Integrity is doing the right thing even when no one is watching."
Innergex Renewable Energy Inc