The intent of the strategy adopted by Innergex is to offer the expected return on its shareholders’ capital investment through the purchase or development, and, subsequently, the operation, of high-calibre power generating facilities. Innergex facilities benefit from low management and operating costs, as well as a simple, proven technology that generates sustained, growing cash flows.
Bolstered by its acknowledged success since 1990 in developing and operating run-of-river hydroelectric power generating facilities and wind farms, the management team deploys its proven experience and particular set of skills to accurately forecast production levels in its various facilities.
Firm sales prices and escalation rates stipulated in long-term power purchase agreements (PPAs) also provide Innergex with a solid basis for its activities. Through these PPAs, Innergex is partnered with public utility companies that enjoy high credit ratings and, as a result, a minimum of financial risk.