Innergex
Financials
Estimates*
CAD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
Revenues | 613m | 747m | 870m | 970m | 1.0b | 1.1b | 1.1b |
% growth | 10 % | 22 % | 16 % | 11 % | 5 % | 11 % | - |
EBITDA | 465m | 525m | 637m | 692m | 690m | 802m | 808m |
% EBITDA margin | 76 % | 70 % | 73 % | 71 % | 68 % | 71 % | 72 % |
Profit | (32.6m) | (192m) | (81.6m) | (98.5m) | (18.8m) | 22.7m | 1.0m |
% profit margin | (5 %) | (26 %) | (9 %) | (10 %) | (2 %) | 2 % | - |
EV / revenue | 15.4x | 11.2x | 10.2x | 8.0x | 8.1x | 7.1x | 8.6x |
EV / EBITDA | 20.3x | 15.9x | 14.0x | 11.2x | 12.0x | 10.0x | 11.9x |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
* | $173m | Post IPO Equity | |
* | $37.3m | Private Placement non VC | |
* | N/A | $49.0m | Post IPO Debt |
* | CAD186m | Post IPO Debt | |
* | CAD257m | Post IPO Equity | |
Total Funding | - |
Recent News about Innergex
EditInnergex Renewable Energy Inc. is a leading player in the renewable energy sector, focusing on the development, ownership, and operation of renewable energy projects. The company operates in Canada, the United States, France, and Chile, providing clean energy solutions through its portfolio of hydroelectric, wind, and solar power facilities. Innergex serves a diverse range of clients, including utility companies, governments, and large industrial consumers, who are looking to reduce their carbon footprint and transition to sustainable energy sources.
The company’s business model revolves around the acquisition, development, and long-term operation of renewable energy assets. Innergex generates revenue primarily through the sale of electricity produced by its facilities under long-term power purchase agreements (PPAs) with fixed prices, ensuring stable and predictable cash flows. Additionally, the company benefits from government incentives and subsidies aimed at promoting renewable energy.
Innergex is committed to Environmental, Social, and Governance (ESG) standards, which are integral to its decision-making process. The company’s experienced Board of Directors oversees management to ensure the long-term viability and sustainability of its operations. Innergex’s strategic acquisitions and partnerships, such as those with indigenous communities in Quebec, further enhance its growth and impact.
Keywords: renewable energy, hydroelectric, wind power, solar power, sustainable energy, power purchase agreements, ESG standards, global impact, utility clients, government incentives.