Earnings
April 25, 2018 - RUS
New! Russel Metals Inc. Price Target Update .....
April 24, 2018 - OSB
New! Norbord Inc. - 2017 Earnings & 2018 Price Target Update .....
April 21, 2018 - BNS
Bank of Nova Scotia - Fiscal Q1-2018 Earnings Update .....
April 20, 2018 - CM
Canadian Imperial Bank of Commerce -Fiscal 2018 Earnings Update .....
April 19, 2018 - BMO
Bank of Montreal - Fiscal Q1-2018 Earnings Update .....
April 18, 2018 - TD
Toronto-Dominion Bank, Fiscal Q1-2018 Earnings Update .....
April 17, 2018 - RY
Royal Bank - Fiscal Q1-2018 Earnings Update .....
April 15, 2018 - PZA
Pizza Pizza Royalty Corp. 2017 Earnings & Price Target Update .....
Recommendation Changes
PZA, DRG.UN, MIC(US), VET, BRE, 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.

Financial

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


Login
Username
Password
New Issues & Acquisition
April 20, 2018
New! Coverage Universe - Weekly Price Changes Apr 13-20, 2018
April 13, 2018
Coverage Universe - Weekly Price Changes Apr 6 - Mar 13, 2018
April 6, 2018
Coverage Universe - Weekly Price Changes Mar 30-Apr 6, 2018
March 30, 2018
Coverage Universe - Weekly Price Changes Mar 23-30, 2018
March 26, 2018
Extendicare Inc. - New Convertible Debenture
March 23, 2018
Coverage Universe - Weekly Price Changes Mar 16-23, 2018
March 17, 2018
Coverage Universe - Weekly Price Changes Mar 9-16, 2018
March 15, 2018
Premium Brands Holdings Corporation - New Convertible Debenture