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Innergex Renewable Energy Secures Strong Growth and Financial Success in 2024

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Innergex Renewable Energy Secures Strong Growth and Financial Success in 2024

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An announcement from Innergex Renewable Energy ( (TSE:INE) ) is now available.

Innergex Renewable Energy reported its fourth quarter and fiscal year 2024 results, highlighting significant achievements in strategic growth and financial performance. The company secured 560 MW in BC Hydro’s power call in British Columbia and successfully launched the Boswell Springs wind farm in Wyoming. These developments, combined with substantial financial backing and meeting its 2024 financial guidance, reinforce Innergex’s leadership in renewable energy and set the stage for continued expansion, particularly in Canada.

More about Innergex Renewable Energy

Innergex Renewable Energy Inc. is a leading global independent producer in the renewable power sector, focusing on generating sustainable energy solutions. The company is involved in developing, owning, and operating hydroelectric facilities, wind farms, and solar farms, with a strong market presence in Canada and other international regions.

YTD Price Performance: -4.70%

Average Trading Volume: 582,357

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: C$1.52B

Find detailed analytics on INE stock on TipRanks’ Stock Analysis page.

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