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.
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
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.
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
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
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 positioned to accelerate its
CDPQ to acquire renewable energy firm Innergex
CDPQ has a long-standing relationship with Innergex, having made its first investments in the company in 1995. Over the years, CDPQ has made multiple investments and is now Innergex's second-largest shareholder after Hydro-Quebec, which owns 19.9% of Innergex outstanding common shares.
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 ...
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 ...
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 ...
Sault Star11h
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.
Toronto Stocks Retreat; Innergex Renewable Energy Soars on Buyout by Quebec's Pension Fund
Shares of Innergex Renewable Energy jumped 54%, to 13.40 Canadian dollars (US$9.40), after the Caisse de Depot et Placement du Quebec moved to buy the power producer in a deal that represents an ...
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 Renewable Energy Inc (INGXF) Q4 2024 Earnings Call Highlights: Strategic Financial ...
Innergex Renewable Energy Inc (INGXF) reports strong financial performance and outlines future growth strategies amid ...
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 ...