Innergex Reveals Growth and Challenges in Q2 2024
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Innergex Reveals Growth and Challenges in Q2 2024

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Innergex Renewable Energy (TSE:INE) has released an update.

Innergex Renewable Energy Inc. has reported its second quarter results for 2024, revealing a strategic expansion in renewable projects, including the commissioning of a significant battery storage facility in Chile and the signing of long-term PPAs. Despite a decrease in adjusted EBITDA compared to the previous year and lower-than-expected natural resource availability impacting some regions, the company remains committed to its growth strategy and climate change mitigation efforts.

For further insights into TSE:INE stock, check out TipRanks’ Stock Analysis page.

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