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Innergex Renewable Energy ( (TSE:INE) ) has shared an update.
Innergex Renewable Energy Inc. has announced the addition of the 13 MW La Cense wind project in France to its development portfolio, marking its first acquisition since a minority share sale to Crédit Agricole Assurances and Crédit Agricole Centre-Est. With an expected commissioning in 2026, the project will be managed by Innergex France, aiming to leverage operational efficiencies with nearby facilities and secure stable long-term revenues through a 20-year power purchase agreement with EDF. This strategic move strengthens Innergex’s commitment to advancing renewable energy in France and enhances its portfolio synergies.
More about Innergex Renewable Energy
Innergex Renewable Energy Inc. is an independent renewable power producer that develops, acquires, owns, and operates hydroelectric facilities, wind farms, solar farms, and energy storage facilities. Operating for over 30 years, Innergex is involved in Canada, the United States, France, and Chile, managing a portfolio of 90 operating facilities with a net installed capacity of 3,707 MW. The company is committed to generating power from renewable sources to promote healthier communities and sustainable prosperity.
YTD Price Performance: -6.06%
Average Trading Volume: 541,835
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: C$1.55B
Find detailed analytics on INE stock on TipRanks’ Stock Analysis page.
