Innergex Renewable Energy Inc.

Innergex Renewable Energy Inc.

INGXF
Innergex Renewable Energy Inc.US flagOther OTC
10.11
USD
+0.07
- -
2.04BMarket Cap
Innergex Renewable Energy Inc.
INGXF
(Other OTC)

Recent

price

10.11

P/E

ratio

- -

div

yld

- -

ROIC.AI

2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
TTM
FRC
1.37
1.65
1.96
2.04
2.09
2.46
2.41
2.74
3.69
3.7
4.14
3.6
4.13
4.31
4.76
4.7
4.75
Revenue per Share
0.61
-1.24
-0.59
-0.03
0.43
-0.63
-0.37
0.28
0.22
0.19
-0.25
-0.23
-1.09
-0.43
-0.51
0.05
0.2
Basic EPS, GAAP
0.76
-0.56
-1.84
-1.48
0.2
-1.2
-3.13
-2.57
0.52
0.41
-4.51
-1.66
-0.13
1.53
-1.91
-0.71
-0.74
Free Cash Flow per Basic Share
0.68
0.31
0.6
0.58
0.46
0.56
0.6
0.66
0.66
0.63
0.72
0.7
0.73
0.74
0.74
0.48
0.39
Dividend per Share
- -
-3.29
-3.66
-2.43
-3.53
-4.11
-4.49
-4.1
-5.95
-5.72
-5.81
-6.11
-5.6
-7.91
-8.66
-8.79
-8.96
Book Value per Share
1.44
0.92
-0.51
0.18
-0.22
-1.28
-1.37
-1.86
-3.42
-1.95
-2
-0.33
0.3
-0.47
-2.01
0.15
0.1
Tangible Book Value per Share
43
56
76
87
95
98
102
107
108
130
135
170
181
202
204
202
202
Basic Weighted Avg Shares
59
91
148
177
198
242
247
293
400
481
557
613
747
870
970
952
961
Sales/Revenue/Turnover
43.24
38.44
40.62
39.64
40.23
43.61
43.85
42.93
42.3
41.89
56.41
42.15
48.35
36.04
35.08
33.52
36.03
Operating Margin (%)
21
33
51
64
69
74
75
90
129
151
195
229
256
336
361
381
388
Depreciation Expense
26
-69
-41
1
48
-55
-30
36
29
31
-28
-33
-192
-82
-98
16
45
Net Income, GAAP
8.17
- -
- -
490.07
31.47
- -
- -
13.35
27.06
50.96
180.56
- -
- -
- -
- -
- -
28.26
Effective Tax Rate (%)
44.76
-75.11
-27.35
0.8
24.3
-22.68
-12.27
12.28
7.36
6.47
-5.03
-5.32
-25.67
-9.38
-10.15
1.67
4.72
Profit Margin (%)
-1
14
51
81
19
-17
212
32
-25
-413
-336
-584
-345
-124
-48
-337
-307
Working Capital
222
429
1,086
1,246
1,394
1,691
2,254
2,602
3,140
4,262
4,398
4,214
4,564
5,645
6,307
6,250
6,094
LT Debt
189
359
579
688
666
562
472
485
453
942
615
1,071
1,361
1,486
1,205
1,519
1,481
Total Equity
5.9
- -
- -
-14.81
2.67
- -
- -
3.65
3.58
2.11
-4.56
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
20.99
- -
- -
-19.54
7.2
- -
- -
5.46
5.56
3.58
-4.65
- -
- -
- -
- -
- -
14.36
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'24
Dec'24
Mar'25
ST Debt
686
611
560
LT Borrowings
5,728
5,958
6,094
LT Finance Leases
- -
292
- -
Preferred Equity and Hybrid Capital
131
131
131
Shares Outstanding
202
202
202
Market Capitalization
2,080
1,643
2,739

Working Capital

FRC

in mil. unless spec.
Sep'24
Dec'24
Mar'25
Total Current Assets
552
580
629
Cash, Cash Equivalents & STI
186
181
181
Accounts Receivable, Net
265
148
232
Inventories
- -
- -
- -
Total Current Liabilities
983
917
936
Payables & Accruals
296
275
375
ST Debt
686
611
560
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
17.08%
23.49%
26%
Free Cash Flow
-304.15%
-367.47%
-63.01%
Net Income, GAAP
-11.46%
70.25%
-116.14%
Sales/Revenue/Turnover
15.14%
11.61%
-1.8%
Total Cash Common Dividend
8.21%
2.69%
-37.04%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
197
252
277
244
970
2024
222
240
244
246
952
2025
231
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
-0.08
0.1
0.04
- -
-0.51
2024
-0.21
0.09
0.03
- -
0.05
2025
-0.07
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.19
0.18
0.18
- -
0.74
2024
0.18
0.1
0.1
- -
0.48
2025
0.1
- -
- -
- -
- -
Business
Innergex Renewable Energy Inc is a Canadian independent renewable power producer specializing in the development, acquisition, ownership, and operation of renewable energy facilities. The company’s core products and services include hydroelectric power generation through run-of-river facilities, onshore wind farms, solar energy farms, and energy storage solutions such as battery storage installations. Innergex operates a gross installed capacity of approximately 4,721 MW supported by 92 facilities across Canada, the United States, France, and Chile. The company focuses on delivering clean energy under long-term power purchase agreements, targeting utility customers and energy markets across these regions. Founded in 1990 and headquartered in Longueuil, Quebec, Innergex has expertise in managing and expanding a diversified portfolio of renewable assets including hydroelectric, wind, solar, and energy storage projects. Recent major changes include the completion of its privatization by La Caisse de dépôt et placement du Québec (CDPQ) in July 2025, a transaction valued at approximately CAD 10 billion that transitioned Innergex from a publicly traded company to a privately held entity. This acquisition is expected to enhance Innergex’s growth opportunities and capital access. Additionally, Innergex has recently reached commercial operation of the Boswell Springs wind farm in Wyoming, USA, and the Hale Kuawehi solar and battery storage project in Hawaii, among other project developments. The company also secured construction financing for new wind projects such as the Mesgi’g Ugju’s’n 2 Wind Project with Indigenous partners. Innergex has actively expanded its portfolio through strategic financing and partnerships, including multiple agrivoltaic projects in Quebec and Indigenous collaboration initiatives. It maintains a sustainable business model focused on 100% renewable energy production, targeting growth in regions with strong renewable potential. This strategic orientation underscores Innergex’s leadership in the renewable energy industry, emphasizing innovation in hydroelectricity, wind power, solar power, and energy storage markets across North and South America as well as Europe.

Company News

APIChat
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  • Innergex Renewable Energy, Inc. (INGXF) Q4 2024 Earnings Call Transcript

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  • Innergex Surfaces Hydro's Hidden Value With Strategic Up-Financing

  • Innergex Renewable Energy Inc. (INGXF) Q3 2024 Earnings Call Transcript

  • Innergex Renewable Energy Inc (INGXF) Q2 2024 Earnings Call Transcript

  • Innergex Renewable Energy Inc. (INGXF) Q1 2024 Earnings Call Transcript

  • Innergex: The Path Is Right, Yet Still Some Shadows

  • Innergex Q4: Dividend Reduction Is A Small Sacrifice To Maximize Growth

  • Innergex Renewable Energy Inc. (INGXF) Q3 2023 Earnings Call Transcript

  • Innergex Renewable Energy Inc. (INGXF) Q2 2023 Earnings Call Transcript

  • Innergex Q1 Results: Looks Like A Great Time To Buy The Shares

  • Innergex Renewable Energy Inc. (INGXF) Q4 2022 Earnings Call Transcript

  • Innergex Renewable Energy Inc. (INGXF) Q3 2022 Earnings Call Transcript

  • Innergex Renewable Energy, Inc. (INGXF) CEO Michel Letellier on Q2 2022 Results - Earnings Call Transcript

  • Innergex: Solid Yield, And Its Dividend Is Becoming Increasingly Well-Covered

  • Innergex Renewable Energy, Inc. (INGXF) CEO Michel Letellier on Q1 2022 Results - Earnings Call Transcript