Innergex, CDPQ

CDPQ to acquire Innergex Renewable Energy
Innergex Renewable Energy and CDPQ have made a definitive agreement for CDPQ to acquire all issued and outstanding common shares of Innergex at C$13.75 ($9.63) per share in cash. The agreement, also involves acquiring all preferred shares in Series A and C for C$25.
CDPQ to take Innergex Renewable Energy private for C$10bn EV
The take-private deal will see Innergex’s common shareholders receive C$13.75 in cash per share. The price has a premium of 58 percent over Innergex’s current share price of C$8.71 and an 80 percent premium over the 30-day volume weighted average price of C$7.66 on the TSX as of February 24.
CDPQ to buy Innergex Renewable Energy in deal valued at $10 billion
Quebec pension fund manager CDPQ has signed a $10-billion deal to buy Innergex Renewable Energy Inc. in a bid to leave the “short-term” view of stock market investors behind. Under the agreement, the Caisse de dépôt et placement du Québec will pay $13.
Innergex soars after $10-billion takeover from CDPQ
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 ($7 billion) including debt.
Quebec pension fund manager to buy Innergex Renewable Energy in deal valued at $10 billion
Quebec pension fund manager CDPQ has signed a deal to buy Innergex Renewable Energy Inc. in an agreement that values the company at about $10 billion, including debt.
Pension giant Caisse strikes deal to acquire Innergex Renewable Energy
Offer values company’s equity at about $2.8-billion, while enterprise value, including Innergex debt, is $10-billion
CDPQ to acquire renewable energy firm Innergex
CDPQ has a long-standing relationship with Innergex, having made its first investments in the company in 1995. Over the years, CDPQ has made multiple investments and is now Innergex's second-largest shareholder after Hydro-Quebec, which owns 19.9% of Innergex outstanding common shares.
Innergex Soars After $7 Billion Takeover From Quebec Pension
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 C$10 billion ($7 billion) including debt.
Toronto Stocks Retreat; Innergex Renewable Energy Soars on Buyout by Quebec's Pension Fund
Toronto stocks were firmly lower midday Tuesday. Sector performance was mixed, but outsized declines made consumer durables the main laggards, followed by tech and energy. On the gainers' side, utilities stocks were the best performers,
Innergex Enters into Definitive Agreement to be Acquired by CDPQ for $13.75 per share
Innergex Renewable Energy Inc. (TSX: INE) ("Innergex" or the "Corporation") and CDPQ announced today they have entered into a ...
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Offer made for company that owns Sault solar farms
The Quebec-based renewable power producer acquired the Sault sites from Fengate Asset Management in 2023.
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Canadian pension giant buys developer in $7bn deal
Quebec-based Innergex has 3.7GW in operating renewables capacity and project development pipeline north of 10GW ...
Raymond James downgrades Innergex Renewable Energy (INE) to a Hold
Raymond James analyst David Quezada downgraded Innergex Renewable Energy (INE – Research Report) to a Hold today and set a price target of ...
Innergex Agrees to Takeover Deal With Caisse de Depot et Placement du Quebec
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 ...