Issue 6 – Innergex Gets A Strategic Investment from Hydro-Quebec

On February 6, 2019 Innergex Renewable Energy (TSX: INE) announced that Hydro-Quebec (HQ), a crown corporation of the province of Quebec, was investing $661 million into INE at a share price of $19.08. This equates to 34.6 million shares and a 19.9% ownership in INE. In parallel, INE and HQ announced a strategic 50/50 joint venture (JV). The JV will develop new energy assets globally, which is consistent with INE’s recent expansion into Europe, Latin America, and the U.S.


By Charles Marleau, CIM

Continue Reading in PDF

By Charles Marleau, CIM


Click to Read Macro View

By Hubert Marleau


Click to Read Options Corner

By Robert Mendel


Click to Read Palos-Mitchell Report

By William Mitchell

All products and services of Palos Wealth Management Inc and Palos Management Inc. are only available for sale to residents of Canada, unless the laws of a foreign jurisdiction permit sales to its residents. The contents of this site should not be considered an offer to sell or a solicitation to buy products or services to any person in a jurisdiction where such offer or solicitation is considered unlawful.