Innergex Renewable Energy Inc - Company Profile
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Innergex Renewable Energy Inc (Innergex) develops, acquires, owns, and operates hydroelectric facilities, wind farms, and solar photovoltaic geothermal power facilities. Geographic presence, client base and diverse asset base are its strengths, even as operational complexity from a broad, fragmented asset base could be a cause for concern. Positive outlook for global electricity, growth initiatives, and contracts and agreements could provide new opportunities for the company. However, increasing manpower costs in the US, volatility in electricity prices, and foreign currency risks could affect the company’s performance.
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