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Innergex Renewable Energy ( (TSE:INE) ) has issued an update.
Innergex Renewable Energy Inc. has announced the filing of materials for its upcoming annual and special meeting of shareholders, where a significant going-private transaction with CDPQ will be considered. The arrangement involves CDPQ acquiring all outstanding common and preferred shares of Innergex, with the transaction being recommended by a special committee and the board of directors as fair and in the best interests of shareholders, excluding CDPQ and certain senior management members.
More about Innergex Renewable Energy
Innergex Renewable Energy Inc. operates in the renewable energy sector, focusing on the development, ownership, and operation of hydroelectric facilities, wind farms, and solar farms. The company is committed to sustainable energy solutions and has a significant presence in the renewable energy market.
YTD Price Performance: 67.70%
Average Trading Volume: 1,229,658
Technical Sentiment Signal: Sell
Current Market Cap: C$2.75B
See more data about INE stock on TipRanks’ Stock Analysis page.