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Off-market insider buying at Innergex Renewable Energy (T:INE)

Updated Thursday Sep 09, 2021 02:47 AM EDT

Hydro-Québec, a 10% Holder, acquired 2,581,000 Common Shares on a control or direction basis for registered holder Société de portefeuille HQI Canada inc. at a price of $19.400 through a private transaction on September 3rd, 2021. This represents a $50,071,400 investment into the company's shares and an account share holdings change of 7.2%.

Innergex Renewable Energy is in the Electric Utilities Sub Industry Group under the Utilities Sector.

Innergex Renewable Energy Inc is a Canada-based independent renewable power producer. The Company develops, acquires, owns and operates hydroelectric facilities, wind farms, and solar farms. The Company manages a portfolio of assets consisting of interests in approximately 75 operating facilities with a net installed capacity of over 2,656 MW (gross 3,488 MW), including approximately 37 hydroelectric facilities, 32 wind farms, and six solar farms. The Company's segment includes Hydroelectric Power Generation, Wind Power Generation and Solar Power Generation. Through its hydroelectric, wind power and solar power generation segments, it sells electricity produced by its hydroelectric, wind farm and solar facilities to publicly owned utilities or other creditworthy counterparties. The Company's geographic segments include Canada, France, United States and Chile.

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Go to Innergex Renewable Energy Inc. (INE)'s company page

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