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.
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
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
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
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
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 ...
Innergex projects 13% EBITDA growth to $875M in 2025 driven by new project contributions
Q4 2024 Management View Michel Letellier, President and CEO, highlighted that the company achieved $761 million of EBITDA for 2024, surpassing its target. Free cash flow per share exceeded guidance, ...
Sault Star14h
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, ...