Quebec, Innergex Renewable Energy and Pension Fund
Toronto Stocks Retreat; Innergex Renewable Energy Soars on Buyout by Quebec's Pension Fund
Shares of Innergex Renewable Energy jumped 54%, to 13.40 Canadian dollars (US$9.40), after the Caisse de Depot et Placement du Quebec moved to buy the power producer in a deal that represents an enterprise value of C$10 billion, including project-level debt.
Innergex Renewable Energy Inc. surged after pension manager Caisse de Depot et Placement du Quebec agreed to buy the Canada-based power company in an all-cash deal that values it at about $10 billion ...
CDPQ has a long-standing relationship with Innergex, having made its first investments in the company in 1995. Over the years ...
The stock makes the TSX top percentage gainers list today on acquisition news. Innergex is trading at $13.40, up 4.69, ...
Innergex Renewable Energy (TSE:INE – Free Report) had its target price lowered by Raymond James from C$13.00 to C$11.50 in a ...
Offer values company’s equity at about $2.8-billion, while enterprise value including Innergex debt is $10-billion ...
The Quebec-based company said Tuesday it reached a definitive agreement that will see Caisse de Depot et Placement du Quebec acquire all its issued and outstanding shares not alre ...
Bank of Montreal (T.BMO) hit a new 52-week high of $149.19 Tuesday. BMO reported Non-GAAP EPS of C$3.04 beats by C$0.64, ...
With the financial and strategic backing of CDPQ, the Transaction establishes a Québec-based renewable power leader that is positioned to accelerate its growth trajectory for years to come ...
Innergex Renewable Energy (TSE:INE – Free Report) had its price objective boosted by TD Securities from C$8.00 to C$9.00 in a ...
Innergex Renewable Energy Inc (INGXF) reports strong financial performance and outlines future growth strategies amid ...
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