|Bid||15.19 x N/A|
|Ask||15.20 x N/A|
|Day's Range||15.13 - 15.27|
|52 Week Range||11.66 - 15.57|
|Beta (3Y Monthly)||0.71|
|PE Ratio (TTM)||83.92|
|Earnings Date||Nov 11, 2019 - Nov 15, 2019|
|Forward Dividend & Yield||0.70 (4.61%)|
|1y Target Est||16.36|
LE PRÉSENT COMMUNIQUÉ NE DOIT PAS ÊTRE DISTRIBUÉ À DES AGENCES DE TRANSMISSION DES ÉTATS-UNIS NI DIFFUSÉ AUX ÉTATS-UNIS LONGUEUIL, Québec, Sept. 05, 2019 -- Innergex.
LONGUEUIL, Québec, Sept. 05, 2019 (GLOBE NEWSWIRE) -- Innergex Renewable Energy Inc. (INE.TO) (“Innergex” or the “Corporation”) has entered into an agreement with TD Securities Inc., CIBC Capital Markets, BMO Capital Markets and National Bank Financial Inc. on behalf of a syndicate of underwriters, pursuant to which the underwriters have agreed to purchase, on a bought deal basis, convertible unsecured subordinated debentures of Innergex (the “Debentures”) in an aggregate principal amount of $125 million (the “Offering”). The Debentures will be offered at a price of $1,000 per Debenture by way of short form prospectus in each of the provinces of Canada, and may also be offered in the United States under applicable registration statement exemptions.
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A 7.5-MW run-of-river hydroelectric generating station will be built on the Inukjuak River. Valued at approximately $125 million , this project is the first partnership between an Inuit corporation and an independent power producer. Renewable electricity will replace energy produced by fossil fuels and will result in 700,000 fewer tonnes of GHG emissions.
LONGUEUIL, QC , May 23, 2019 /CNW Telbec/ - Innergex Renewable Energy Inc. (INE.TO) ("Innergex" or the "Corporation") announces today that Jarðvarmi slhf ("Jarðvarmi") exercised its right of first refusal ("ROFR") regarding the sale of Innergex's wholly owned subsidiary Magma Energy Sweden A.B. ("Magma Sweden") which owns an equity interest of approximately 53.9% in HS Orka hf ("HS Orka"). Jarðvarmi is an existing shareholder in HS Orka and is owned by a group of Icelandic pension funds.
LONGUEUIL, QC , May 21, 2019 /CNW Telbec/ - Innergex Renewable Energy Inc. (INE.TO) ("Innergex" or the "Corporation") announces that it has received approval from the Toronto Stock Exchange ("TSX") to proceed with a normal course issuer bid on its common shares ("Common shares") (the "Bid"). Under the Bid, the Corporation may purchase for cancellation up to 2,000,000 of its common shares, representing approximately 1.5% of the 133,559,963 issued and outstanding common shares of the Corporation as at May 15, 2019 .
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On a per-share basis, the Longueuil, Quebec-based company said it had a loss of 5 cents. Losses, adjusted for non-recurring gains and to account for discontinued operations, were 9 cents per share. The ...
LONGUEUIL, QC , May 8, 2019 /CNW Telbec/ - Innergex Renewable Energy Inc. (INE.TO) ("Innergex" or the "Corporation") is pleased to announce the closing of a construction financing and tax equity commitment for the Foard City wind project located in Foard County, Texas . The US$290.9 million (CAN$388.7 million) financing has been arranged with lenders Santander, MUFG, Zions Bancorp and the Royal Bank of Canada , backed by a US$275.0 million (CAN$367.5 million) tax equity commitment from Berkshire Hathaway Energy and a US$23.3 million (CAN$31.1 million) 7-year term loan facility with a 10-year amortization period to be provided by the lenders upon the commercial operation date. " Foard City is the largest wind farm project ever built by Innergex and, with the Phoebe solar project under construction, will add almost 600 MW of new installed capacity in the United States by the end of 2019," said Michel Letellier , President and Chief Executive Officer of Innergex.
2019 First Quarter Results Conference Call and Webcast and Annual General Meeting of Shareholders
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LONGUEUIL, QC , March 25, 2019 /CNW Telbec/ - Innergex Renewable Energy Inc. (INE.TO) ("Innergex" or the "Corporation") is pleased to announce that an agreement has been reached to sell its wholly-owned subsidiary Magma Energy Sweden A.B. ("Magma Sweden") which owns an equity interest of approximately 53.9% in HS Orka hf ("HS Orka) for a purchase price of US$304 .8 million (CAN$408.8 million) to a Macquarie Infrastructure and Real Assets managed European infrastructure fund, subject to customary closing adjustments. "This transaction is highly strategic and will create significant value for Innergex as it allows us to focus on our core markets, reimburse our one-year credit facility, deleverage our corporate credit facilities and reduce our exposure to foreign exchange," said Michel Letellier , President and Chief Executive Officer of Innergex.
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