Earnings
January 16, 2022 - FSZ
New! Fiera Capital Corp. Q3-2021 Earnings, Price Target Update .....
January 14, 2022 - QBR.B
Quebecor Inc. Q3-2021 Earnings, Price Target Update .....
January 13, 2022 - SJR.B
Shaw Communications Inc. Q1-2022 Earnings. Price Target Update .....
January 12, 2022 - T
Telus Corp. Q3-2021 Earnings, Price Target Update .....
January 7, 2022 - RNW
TransAlta Renewables Inc. Q3-2021 Earnings, Price Target Update .....
January 7, 2022 - H
Hydro One Ltd - Q3-2021 Earnings, Price Target Update .....
January 7, 2022 - CU
Canadian Utilities Ltd -Q3-2021 Earnings, Price Target Update .....
January 7, 2022 - EMA
Emera Inc. - Q3-2021 Earnings, Price Target Update .....
Recommendation Changes
BEP.UN, SGR.UN, SOT.UN, CRR.UN, SRU.UN, more...

Innergex Renewable Energy Inc. Q3-2021 Earnings, Price Target Update

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

Innergex Corp. (INE) owns interests in 79 power generation facilities in commercial operation and nine development projects of which the largest is hydro in Chile and solar in the US. Innergex Corp. is focused on the renewable energy sector with interests in 40 hydroelectric facilities drawing on 33 watersheds, 32 wind farms and 7 solar farms. Commissioned between 1986 and Jul-2021, the facilities have an average age of 8.2 yrs, the power purchase agreements have an average term of 14.2 yrs.

They mostly sell the generated power under long-term power purchase agreements, power hedge contracts and short- and long-term industrial contracts with rated public utilities or on the open market. Canadian facilities represent 52% of production capacity, US-32%, France and Chile at 8% each. Hydro facilities constitute 32% of capacity, Wind -53% and solar at 15%.

Hydro-Québec, a Quebec Provincial Crown corporation that provides utility services, generates, transmits, and distributes electricity to customers in Canada and is Innergex's main shareholder at 19.9%, 1832 Asset Management LP holds 10%, BlackRock Inc. holds 9.2%, and the Caisse de dépôt et placement du Québec (CDPQ), owns 7.4% of Innergex's shares.

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


Login
Username
Password
New Issues & Acquisition
January 15, 2022
New! Coverage Universe - Weekly Price Change: Jan 7-14, 2022
January 7, 2022
Coverage Universe - Weekly Price Change: Dec 31-Jan 7, 2022
December 31, 2021
Coverage Universe - Weekly Price Change: Dec 24-31, 2021
December 24, 2021
Coverage Universe - Weekly Price Change: Dec 17-24, 2021
December 17, 2021
Coverage Universe - Weekly Price Change: Dec 10-17, 2021
December 15, 2021
ECN Capital Corp. 6.25% Exchange Traded Debenture New Issue
December 10, 2021
Coverage Universe - Weekly Price Change: Dec 3-10, 2021
December 8, 2021
Chemtrade Logistics Income Fund- 6.25% Convertible Debenture New Issue