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.
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 buy renewable power company Innergex in $10 billion deal
Canadian pension fund CDPQ has agreed to acquire Innergex Renewable Energy Inc . (TSX:INE) for C$13.75 per share in cash, valuing the renewable power company at C$10 billion, including debt.
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 Renewable Energy Inc. (TSX: INE) Makes TSX Top Gainers List on Acquisition News
The stock makes the TSX top percentage gainers list today on acquisition news. Innergex is trading at $13.40, up 4.69, gaining 53.91% on volume of over 7.3 Million shares. The stock has a morning high of $13.52.
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
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.
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 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 ...
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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 ...