Continuous
growth through
a sustainable
business model
Investors
Innergex is committed to creating sustainable shareholder value while promoting social acceptance and respect of the environment.
To reduce risks and improve performance stability, we have built a geographically diversified portfolio of high-quality and long-lasting assets within the hydro, wind and solar energy sectors.
Our growth is solidly rooted in a long-term vision, and we strive to develop and acquire facilities that provide an attractive, risk-adjusted return on invested capital.
January 8, 2021
News Release Series A shares rate reset dividends reset to 3.244% per annum Series B shares floating rate dividends set to 2.91% per annum for the first Quarterly Floating Rate Period LONGUEUIL, Quebec, January 8, 2021 – Innergex Renewable Energy Inc. (TSX: INE) (“Innergex” or the “Corporation”) announced today the applicable dividend rates for its Cumulative … Continue reading “Innergex announces dividend rates on Cumulative Rate Reset Preferred Shares, Series A and Cumulative Floating Rate Preferred Shares, Series B”
Continue reading "Innergex announces dividend rates on Cumulative Rate Reset Preferred Shares, Series A and Cumulative Floating Rate Preferred Shares, Series B"
December 29, 2020
News Release LONGUEUIL, Quebec, December 29, 2020 – Innergex Renewable Energy Inc. (TSX: INE) (“Innergex”) is proud to announce the closing of a construction financing and tax equity commitment for its Griffin Trail project, a 225 MW wind facility located in Knox and Baylor Counties, in north-west Texas. The US$276.2 million (CAN$354.5 million) financing has been … Continue reading “Innergex achieves financial close of its 225 MW Griffin Trail wind project in Texas”
Continue reading "Innergex achieves financial close of its 225 MW Griffin Trail wind project in Texas"
December 16, 2020
News Release LONGUEUIL, Quebec, December 16, 2020 – Innergex Renewable Energy Inc. (TSX: INE) (“Innergex” or the “Corporation”) reports that the rating agency S&P Global Ratings, a division of S&P Global Inc. (“S&P”) changed the credit rating of Innergex to BB+(Stable) from BBB-(Negative) and the ratings of Innergex’s preferred shares to B+ and P-4(High), from … Continue reading “Innergex ratings update”
Continue reading "Innergex ratings update"Latest Reports
ESG Reports
Shares and debentures
| Common shares | |
| NUMBER OF SHARES* | 174.575.061 |
| 2020 DIVIDEND ($/YEAR) | 0.72 |
| DIVIDEND FREQUENCY | QUARTERLY |
| *Data as of 2020/11/09. | Currency: CAD |
| Series A preferred shares | |
| NUMBER OF SHARES* | 3,400,000 |
| 2020 DIVIDEND ($/YEAR) | 0.902 |
| DIVIDEND FREQUENCY | QUARTERLY |
| *Data as of 2020/11/09 | Currency: CAD |
| Series C preferred shares | |
| NUMBER OF SHARES* | 2,000,000 |
| 2020 DIVIDEND ($/YEAR) | 1.4375 |
| DIVIDEND FREQUENCY | QUARTERLY |
| *Data as of 2020/11/09 | Currency: CAD |
On February 27, 2019, convertible debentures at 5.75% were delisted from the Toronto Stock Exchange under the symbol INE.DB.
Convertible debentures at 4.25% listed under the symbol INE.DB.A were delisted from the Toronto Stock Exchange on October 8, 2019.
| 4.75% convertible debentures | |
| NUMBER OF $1,000 PRINCIPAL AMOUNTS* | 150,000 |
| INTEREST (%) | 4.75 |
| FREQUENCY | SEMI-ANNUAL |
| *Data as of 2020/11/09 | Currency: CAD |
| 4.65% convertible debentures | |
| NUMBER OF $1,000 PRINCIPAL AMOUNTS* | 143,750 |
| INTEREST (%) | 4.65 |
| FREQUENCY | SEMI-ANNUAL |
| *Data as of 2020/11/09 | Currency: CAD |
Financial analysts
Financial coverage of Innergex
| FINANCIAL INSTITUTIONS | ANALYSTS |
| BMO Capital Markets | Ben Pham |
| Canaccord Genuity | David Galison |
| CIBC Capital Markets | Mark Jarvi |
| Credit Suisse | Andrew M. Kuske |
| Desjardins Securities | Bill Cabel |
| Industrial Alliance Securities Inc. | Naji Baydoun |
| National Bank Financial | Rupert W. Merer |
| Peters & Co Limited | Ken Chmela |
| Raymond James | David Quezada |
| RBC Capital Markets | Nelson Ng |
| Scotiabank GBM | Justin Strong |
| TD Securities | Sean Steuart |
The above list is strictly informative.
The opinions, estimates or forecasts provided by these analysts with respect to Innergex’s performance are their own and do not represent those of either Innergex or its management.
Credit ratings
Standard & Poor’s – Corporate rating
| Rating | BB+ |
| Rated since | August 23, 2010 |
| Latest report | December 16, 2020 |
Standard & Poor’s – Preferred shares rating
| Rating | P-4 |
| Rated since | December 5, 2012 |
| Latest report | December 16, 2020 |
Fitch Ratings – Corporate rating
| Rating | BBB- |
| Rated since | December 2, 2020 |
| Latest report | December 2, 2020 |
Fitch Ratings – Preferred shares rating
| Rating | BB |
| Rated since | December 2, 2020 |
| Latest report | December 2, 2020 |
Contact
Transfer Agent: Computershare
Tel: 1-800-564-6253
Email: service@computershare.com
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