Innergex, CDPQ

CDPQ to acquire Innergex Renewable Energy
Innergex Renewable Energy and CDPQ have made a definitive agreement for CDPQ to acquire all issued and outstanding common shares of Innergex at C$13.75 ($9.63) per share in cash. The agreement, also involves acquiring all preferred shares in Series A and C for C$25.
CDPQ to take Innergex Renewable Energy private for C$10bn EV
The take-private deal will see Innergex’s common shareholders receive C$13.75 in cash per share. The price has a premium of 58 percent over Innergex’s current share price of C$8.71 and an 80 percent premium over the 30-day volume weighted average price of C$7.66 on the TSX as of February 24.
CDPQ to buy Innergex Renewable Energy in deal valued at $10 billion
Quebec pension fund manager CDPQ has signed a $10-billion deal to buy Innergex Renewable Energy Inc. in a bid to leave the “short-term” view of stock market investors behind. Under the agreement, the Caisse de dépôt et placement du Québec will pay $13.
Innergex soars after $10-billion takeover from CDPQ
Innergex Renewable Energy Inc. surged after pension manager Caisse de Depot et Placement du Quebec agreed to buy the Canada-based power company in an all-cash deal that values it at about $10 billion ($7 billion) including debt.
Pension giant Caisse strikes deal to acquire Innergex Renewable Energy
Offer values company’s equity at about $2.8-billion, while enterprise value, including Innergex debt, is $10-billion
Innergex Soars After $7 Billion Takeover From Quebec Pension
Innergex Renewable Energy Inc. surged after pension manager Caisse de Depot et Placement du Quebec agreed to buy the Canada-based power company in an all-cash deal that values it at about C$10 billion ($7 billion) including debt.
Toronto Stocks Retreat; Innergex Renewable Energy Soars on Buyout by Quebec's Pension Fund
Toronto stocks were firmly lower midday Tuesday. Sector performance was mixed, but outsized declines made consumer durables the main laggards, followed by tech and energy. On the gainers' side, utilities stocks were the best performers,
National Bank downgrades Innergex Renewable Energy (INE) to a Hold
National Bank analyst Rupert Merer downgraded Innergex Renewable Energy (INE – Research Report) to a Hold today and set a price target of ...
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Offer made for company that owns Sault solar farms
The Quebec-based renewable power producer acquired the Sault sites from Fengate Asset Management in 2023.
Raymond James Issues Pessimistic Forecast for Innergex Renewable Energy (TSE:INE) Stock Price
Innergex Renewable Energy (TSE:INE – Free Report) had its target price lowered by Raymond James from C$13.00 to C$11.50 in a ...
Raymond James downgrades Innergex Renewable Energy (INE) to a Hold
Raymond James analyst David Quezada downgraded Innergex Renewable Energy (INE – Research Report) to a Hold today and set a price target of ...
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Canadian pension giant buys developer in $7bn deal
Quebec-based Innergex has 3.7GW in operating renewables capacity and project development pipeline north of 10GW ...
Innergex Enters into Definitive Agreement to be Acquired by CDPQ for $13.75 per share
With the financial and strategic backing of CDPQ, the Transaction establishes a Québec-based renewable power leader that is ...
BMO, Innergex at 52-Week Highs on News
Bank of Montreal (T.BMO) hit a new 52-week high of $149.19 Tuesday. BMO reported Non-GAAP EPS of C$3.04 beats by C$0.64, ...
Innergex Agrees to Takeover Deal With Caisse de Depot et Placement du Quebec
The Quebec-based company said Tuesday it reached a definitive agreement that will see Caisse de Depot et Placement du Quebec acquire all its issued and outstanding shares not alre ...