Innergex Renewable Energy traded at 13.74 this Tuesday July 22nd. Looking back, over the last four weeks, Innergex Renewable Energy lost 0.29 percent. Over the last 12 months, its price rose by 36.99 percent. Looking ahead, we forecast Innergex Renewable Energy to be priced at 13.41 by the end of this quarter and at 12.46 in one year, according to Trading Economics global macro models projections and analysts expectations.
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.