Innergex Renewable Energy

Innergex Renewable Energy is a Canadian renewable energy company that develops, owns, and operates hydroelectric, wind, and solar energy projects. It was founded in 1990 and is headquartered in Longueuil, Quebec.
The company’s goal is to provide clean and sustainable energy solutions, reduce greenhouse gas emissions, and contribute to the fight against climate change. Innergex operates in Canada, the United States, France, and Chile, and has a total installed capacity of 3,406 MW as of 2021.
Innergex has a diversified portfolio of renewable energy projects, including 70 hydroelectric facilities, 37 wind farms, and 8 solar parks. The company also has a strong pipeline of new projects in development, with a focus on expanding its wind and solar portfolio.
In addition to its renewable energy projects, Innergex is committed to sustainable development and has implemented various environmental and social measures to minimize the impact of its operations on the environment and local communities. This includes promoting biodiversity on its project sites, supporting local economic development, and collaborating with Indigenous communities.
Innergex is publicly traded on the Toronto Stock Exchange under the symbol INE and the New York Stock Exchange under the symbol INGXF.

1. Focus on renewable energy: Innergex is a leading renewable energy company that focuses exclusively on clean and sustainable energy sources such as hydroelectric, wind, and solar power. This aligns with the growing global trend towards decarbonization and reducing dependence on fossil fuels.
2. Strong international presence: With operations in Canada, the United States, France, and Chile, Innergex has a well-established international presence. This allows the company to access diverse markets and reduce its exposure to single-country risks.
3. Diversified portfolio: Innergex owns and operates a diverse portfolio of renewable energy assets, including hydroelectric, wind, and solar projects. This helps to mitigate risks and creates a stable and consistent revenue stream for the company.
4. Long-term contracts: The company’s assets are backed by long-term power purchase agreements, often ranging from 20 to 40 years. This provides stability and predictability in cash flows for the company.
5. Emphasis on sustainability: Innergex is committed to sustainable development and conducts its operations in an environmentally responsible manner. The company adheres to strict environmental, social, and governance standards, and regularly publishes sustainability reports.
6. Innovative and efficient technologies: Innergex incorporates the latest technology and innovation in its projects to improve efficiency and optimize the use of natural resources.
7. Strong financial performance: The company has consistently delivered strong financial results, with a track record of increasing revenues and operating profits. This financially stable position allows Innergex to continue expanding its renewable energy portfolio.
8. Experienced and dedicated team: Innergex has a skilled and experienced team of professionals who are dedicated to renewable energy and responsible business practices. This team helps drive the company’s success and supports its future growth.
9. Commitment to community engagement: The company has a strong focus on community engagement and works closely with local communities to build sustainable partnerships and support projects that benefit both the community and the environment.
10. Firm commitment to social responsibility: Innergex is committed to being a responsible corporate citizen, supporting local communities and prioritizing the well-being of its employees. The company also supports various charitable initiatives and encourages its employees to volunteer and give back to their communities.