Innergex Renewable Energy (TSE:INE) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Innergex Renewable Energy Inc. has reported its second quarter results for 2024, revealing a strategic expansion in renewable projects, including the commissioning of a significant battery storage facility in Chile and the signing of long-term PPAs. Despite a decrease in adjusted EBITDA compared to the previous year and lower-than-expected natural resource availability impacting some regions, the company remains committed to its growth strategy and climate change mitigation efforts.
For further insights into TSE:INE stock, check out TipRanks’ Stock Analysis page.