Company Innergex Renewable Energy Inc. Toronto S.E.

Company Innergex Renewable Energy Inc. Toronto S.E.

INE.PR.A

CA45790B5009

Electric Utilities

Analysts' Consensus

Equities

INE.PR.A

CA45790B5009

Electric Utilities

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Company contact information

Group companies

Sector

Sales per Business

Sales per region

Ratings for Innergex Renewable Energy Inc.

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Wind Electric Utilities

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Company contact information

Group companies

Sector

Sales per Business

Sales per region

Ratings for Innergex Renewable Energy Inc.

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Wind Electric Utilities

Delayed Toronto S.E. Other stock markets 14:43:39 2024-06-25 EDT			5-day change	1st Jan Change
13.65 ^CAD	+0.15%		+1.11%	+11.89%

06-21	Innergex Maintained at Outperform at BMO Following Sale of a Minority Interest in Texas Assets; Price Target Raised to C$11.00	MT
06-21	Innergex Renewable Energy Price Target Raised to $11 at BMO	MT

Innergex Renewable Energy Inc. is a Canada-based independent renewable power producer. The Company develops, acquires, owns and operates hydroelectric facilities, wind farms, solar farms and energy storage facilities. It operates in three segments: hydroelectric power generation, wind power generation, and solar power generation. It conducts operations in Canada, the United States, France and Chile and manages a large portfolio of high-quality assets consisting of interests in 88 operating facilities with an aggregate net installed capacity of 3,375 MW (gross 4,328 MW), including 41 hydroelectric facilities, 35 wind facilities, nine solar facilities and three battery energy storage facilities. It also holds interests in 13 projects under development with a net installed capacity of 930 MW (gross 1,281 MW), three of which are under construction, as well as prospective projects at different stages of development with an aggregate gross installed capacity totaling 9,912 MW.

Number of employees: 602

CAD in Million	2022	Weight	2023	Weight	Delta
Wind 51.5 %	421	48.3 %	536	51.5 %	+27.52%
Hydroelectric 34.4 %	337	38.7 %	358	34.4 %	+6.41%
Solar 14.1 %	113	13.0 %	147	14.1 %	+29.83%

CAD in Million	2022	Weight	2023	Weight	Delta
Canada 42.4 %	428	49.2 %	442	42.4 %	+3.21%
United States 31.0 %	229	26.4 %	323	31.0 %	+40.90%
Chile 14.5 %	121	13.9 %	151	14.5 %	+24.80%
France 12.1 %	92	10.6 %	126	12.1 %	+36.36%

Managers	Title	Age	Since
Michel Letellier CEO	Chief Executive Officer	59	96-12-31
Jean Trudel DFI	Director of Finance/CFO	-	02-08-31
Jacques Desrochers CTO	Chief Tech/Sci/R&D Officer	-	22-12-31
Nikolaos Nikolaidis CIO	Chief Investment Officer	-	16-12-31
Robert Guillemette CTO	Chief Tech/Sci/R&D Officer	-	17-12-31
Naji Baydoun IRC	Investor Relations Contact	-	-
Pascale Tremblay PRN	Corporate Officer/Principal	-	21-08-15
Alexandra Boislard-Pépin HRO	Human Resources Officer	-	20-05-31
Yves Baribeault LAW	General Counsel	-	08-12-31
Matt Kennedy PRN	Corporate Officer/Principal	-	10-12-31

Members of the board	Title	Age	Since
Daniel Lafrance CHM	Chairman	69	03-05-31
Michel Letellier CEO	Chief Executive Officer	59	96-12-31
Monique Mercier BRD	Director/Board Member	67	15-09-30
Ouma Sananikone BRD	Director/Board Member	66	19-02-26
Nathalie Francisci BRD	Director/Board Member	53	17-05-08
Richard Gagnon BRD	Director/Board Member	67	17-05-08
Pierre Brodeur BRD	Director/Board Member	67	07-12-05
Radha Curpen BRD	Director/Board Member	62	22-11-30

	Vote	Quantity	Free-Float	Total Float
Stock A	0	2,000,000	0	78.25 %
Stock B	1	203,457,234	161,857,124 ( 79.55 %)
Stock C	0	3,400,000	0

Name	Equities	%	Valuation
Province of Québec 19.81 %	40,465,873	19.81 %	291 M $
Ross Beaty 3.885 %	7,938,686	3.885 %	57 M $
Ecofin Advisors Ltd. 1.147 %	2,343,351	1.147 %	17 M $
Valu-Trac Investment Management Ltd. 1.146 %	2,341,500	1.146 %	17 M $
Guardians of New Zealand Superannuation 0.6212 %	1,269,290	0.6212 %	9 M $
Accrued Equities, Inc. 0.6118 %	1,250,000	0.6118 %	9 M $
Michel Letellier 0.4971 %	1,015,765	0.4971 %	7 M $
Manulife Investment Management Ltd. 0.4382 %	895,315	0.4382 %	6 M $
Storebrand Asset Management AS 0.4181 %	854,270	0.4181 %	6 M $
GLS Investment Management GmbH 0.2692 %	550,000	0.2692 %	4 M $

Name	Equities	%	Valuation
Manulife Investment Management Ltd. 4.538 %	154,300	4.538 %	2 M $

Innergex Renewable Energy, Inc.

Saint Charles Street West 10th Floor

J4K 0B9, Longueuil

+450-928-2550

http://www.innergex.com

address Innergex Renewable Energy Inc.(INE.PR.A)

Name	Category and Sector
Ashlu Creek Investments LP Ashlu Creek Investments LP Wholesale DistributorsDistribution Services Part of Innergex Renewable Energy, Inc., Ashlu Creek Investments LP is a Canadian company that wholesales electrical equipment. The company is based in Vancouver, Canada.	Wholesale Distributors
Innergex CAR LP Innergex CAR LP Electric UtilitiesUtilities Part of Innergex Renewable Energy, Inc., Innergex CAR LP engages in hydro electric power generation. The company is based in Longueuil, Canada.	Electric Utilities
Mountain Air Projects LLC Mountain Air Projects LLC Electric UtilitiesUtilities Part of Terna Energy SA, Mountain Air Projects LLC is a company that provides electrical services. The company is based in San Francisco, CA.	Electric Utilities
Umbata Falls LP
Innergex MS LP
Stardale Solar LP Stardale Solar LP Alternative Power GenerationUtilities Part of Innergex Renewable Energy, Inc., Stardale Solar LP generates solar power. The company is based in Longueuil, Canada.	Alternative Power Generation
Innergex BDS II SEC
Innergex AAV SEC
Innergex GM SEC
Parc Éolien Mesgi'g Ugju's'n (MU), Inc. Parc Éolien Mesgi'g Ugju's'n (MU), Inc. Electric UtilitiesUtilities Parc Éolien Mesgi'g Ugju's'n (MU), Inc. engages in the operation of wind farms. The company was founded on June 26, 2012 and is headquartered in Listuguj, Canada.	Electric Utilities
Eoles Yonne SA Eoles Yonne SA Miscellaneous Commercial ServicesCommercial Services Eoles Yonne SA provides engineering and technical education services. The private company is based in Arras, France.	Miscellaneous Commercial Services
Société en Commandite Innergex Europe (2015)
Muko Holdings LLC Muko Holdings LLC Financial ConglomeratesFinance Muko Holdings LLC functions as an investment holding Canadian company. The private company is based in Vancouver, Canada.	Financial Conglomerates
Spartan Holdings LLC Spartan Holdings LLC Air Freight/CouriersTransportation Spartan Holdings LLC provides freight shipping and trucking services. The private company is based in Wentzville, MO.	Air Freight/Couriers
Phoebe Solar Capital LLC	Miscellaneous
Foard City Partnership Holdings LLC
Innergex Cartier Énergie SEC
Les Renardieres SAS Les Renardieres SAS Electric UtilitiesUtilities Part of Innergex Renewable Energy, Inc., Les Renardieres SAS generates electricity. The company is located in France.	Electric Utilities
Innavik Hydro SC
Hillcrest Solar I LLC Hillcrest Solar I LLC Alternative Power GenerationUtilities Hillcrest Solar I LLC is a private company headquartered in Wilmington, DE. The firm provides solar power generation services.	Alternative Power Generation
Hillcrest Equity Holdings LLC
Griffin Trail Wind LLC Griffin Trail Wind LLC Alternative Power GenerationUtilities Griffin Trail Wind LLC, part of Innergex Renewable Energy, Inc., is a company headquartered in the United States that provides wind electricity generation services.	Alternative Power Generation
Palomino Solar LLC
Innergex Energy Marketing & Trading LLC
Alterra Renewable Holdings Corp.
HP Solar I Capital Holdings LLC
Boswell Wind Partnership Holdings LLC

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

10.25 CAD

Average target price

11.72 CAD

Spread / Average Target

+14.39%

Consensus

Estimates Revisions

Company calendar

	1st Jan change	Capi.
CHINA THREE GORGES RENEWABLES (GROUP) CO.,LTD.	-1.14%	16.91B
CHINA LONGYUAN POWER GROUP CORPORATION LIMITED	+16.89%	14.93B
CHINA GREEN ELECTRICITY INVESTMENT OF TIANJIN CO., LTD.	+1.87%	2.75B
BORALEX INC.	-0.24%	2.53B
TERNA ENERGY S.A.	+21.89%	2.44B
JIANGSU NEW ENERGY DEVELOPMENT CO., LTD.	+6.16%	1.43B
ZHONGMIN ENERGY CO., LTD.	+8.70%	1.24B
GREENCOAT RENEWABLES PLC	-14.96%	1.05B
SERENA ENERGIA S.A.	-16.75%	966M

Wind Electric Utilities

Electrical Utilities & IPPs

Electric Utilities

Wind Electric Utilities