Innergex Renewable Energy (TSE:INE) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Innergex Renewable Energy reports a strong start to 2024 with a 15% increase in Adjusted EBITDA and significant growth in Free Cash Flow per Share, signaling robust financial health. The company has secured long-term power purchase agreements (PPAs) in Chile and Quebec and is advancing key wind project constructions, while continuing share buybacks. Innergex remains confident in its strategy for sustainable growth and value creation for shareholders.
For further insights into TSE:INE stock, check out TipRanks’ Stock Analysis page.