Innergex Renewable Energy (TSE:INE) has released an update.
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Innergex Renewable Energy has secured $199 million in non-recourse financings to optimize its financial structure and support future growth. The funds will be used to repay existing debts and reduce corporate leverage, enhancing liquidity and flexibility for the company’s development activities. This strategic move aligns with Innergex’s disciplined growth strategy aimed at creating long-term value for stakeholders.
For further insights into TSE:INE stock, check out TipRanks’ Stock Analysis page.
