January 23, 2018 - AX.UN
New! Artis REIT - Price Target Update .....
January 20, 2018 - AAR.UN
Pure Industrial REIT - Acquisition Update .....
January 19, 2018 - EXE
Extendicare REIT - Price Target Update .....
January 18, 2018 - DIR.UN
Dream Industrial REIT - Earnings & Price Target Update .....
January 17, 2018 - WIR.U
WPT Industrial REIT - Earnings Update .....
January 16, 2018 - SMU.UN
Summit Industrial REIT - Price Target Update .....
January 13, 2018 - CHE.UN
Chemtrade Logistics Income Fund- Price Target Update .....
January 12, 2018 - NTR
Nutrien Inc. - 2018 Earnings Forecast .....
Recommendation Changes
SMU.UN, FTS, AQN, SJR.B, FN, more...

Innergex Renewable Energy Inc. Earnings Update

This is only a sample of the article, please login to view the entire article

Innergex Corp.(INE) develops, owns and operates 31 run-of-river hydroelectric facilities, 8 wind farms and 1 solar photovoltaic farms in Quebec, Ontario and British Columbia, 13 wind farms in France and one hydro facility in Idaho. The power generation portfolio currently consists of interests in 54 operating facilities with an aggregate net owned capacity of 1,124 MW (gross 1,845 MW). This includes 31 hydroelectric facilities, 22 wind farms and one solar farm; and prospective projects with an aggregate net capacity of 3,560 MW (gross 3,940 MW). Run of river hydro power contributes 62% of production, wind power- 30% and solar 8%. Most of their PPA's include inflation adjustment provisions and have an average term in excess of 18 years. The pending acquisition of Alterra Power Corp. will add 8 generation facilities located in Canada, US and Iceland.


For the comparative rolling 12 month periods to Sept-30 the payout ratio improved to 80% this year from 89% last year. This positive change results mainly from the recent commissioning of the Mesgi'g Ugju's'n, Upper Lillooet River and Boulder Creek facilities, partly offset by the increase in annual dividend, higher dividend payments as a result of a higher number of common shares outstanding due to the issuance of 3.9M shares to Desjardins Group affiliates.

You must be a member to view the entire article, please subscribe or login

New Issues & Acquisition
January 22, 2018
New! Atlantic Power Corporation - New Convertible Debenture
January 22, 2018
New! Artis REIT - 6% Minimum Rate Reset Preferred Units New Issue
January 19, 2018
New! Coverage Universe - Weekly Price Change Jan 12-19, 2018
January 17, 2018
New! Slate Office REIT - New Convertible Debenture
January 15, 2018
Brookfield Infrastructure Partners LP - 5% Minimum Rate Reset Preferred Share New Issue
January 14, 2018
Preferred Share Recommendations(Historical) - Fixed Rate & Rate Reset
January 12, 2018
National Bank 0 4.6% Rate Reset Preferred Share New Issue
January 11, 2018
CIBC 4.5% Rate Reset Preferred Share New Issue