Innergex Renewable Energy Renewable Energy Projects and Storage

Innergex Renewable Energy has a diverse portfolio of renewable energy projects and storage solutions. They operate a range of hydroelectric facilities across North America.

Their projects include the 100 MW La Romaine hydroelectric power plant in Quebec, Canada. The plant has a capacity to generate enough electricity to power over 90,000 homes.

Innergex Renewable Energy also has a focus on energy storage, with projects like the 30 MW battery energy storage system in California. This system helps to stabilize the grid and provide a reliable source of power.

Innergex Renewable Energy operates four main business segments: hydroelectric production, wind power production, solar power production, and site development and management. These segments enable the company to sell electricity to publicly owned entities.

The company has a diverse portfolio of renewable energy generation facilities, with 22 run-of-river hydro plants, five wind farms, and one solar farm. This portfolio has a combined net capacity of 577 MW.

Here's a breakdown of the company's hydroelectric power projects:

The table above highlights some of the key hydroelectric power projects operated by Innergex Renewable Energy, including their commissioned year, gross installed capacity, Innergex's participation, client, and expiration date.

In the renewable energy sector, Innergex Renewable Energy has been making significant strides in recent years. They secured a US$534 million financial close for the development and construction of the 330 MW Boswell Springs wind project in Albany County, Wyoming, USA.

This project is expected to be a major contributor to the company's growth, and it's not the only one. Innergex also secured a non-recourse construction financing worth US$49.5 million with SMBC for the 35 MW/175 MWh San Andrés battery energy storage project.

The company has also expanded its portfolio through acquisitions. For example, they acquired the 60 MW Sault Ste. Marie solar portfolio in northwestern Ontario, Canada, from Fengate Asset Management for CAD50.2 million (US$37.6 million).

Here's a breakdown of some of the key acquisitions and financial closings made by Innergex Renewable Energy:

These acquisitions and financial closings demonstrate Innergex Renewable Energy's commitment to expanding its renewable energy portfolio and contributing to a cleaner and more sustainable energy mix.

Innergex Renewable Energy operates in four main business segments: hydroelectric production, wind power production, solar power production, and site development and management. These segments are the backbone of the company's operations.

The hydroelectric production segment is a significant part of Innergex's business, with 22 run-of-river hydro plants in operation. These plants have a combined net capacity of 577 MW, as mentioned in the company's power projects.

Innergex's hydroelectric plants are located in various regions, including British Columbia and Quebec. Some notable hydroelectric plants include Ashlu Creek, which was commissioned in 2009 and has a gross installed capacity of 49.9 MW, and Chaudière, which was commissioned in 1999 and has a gross installed capacity of 24 MW.

Related reading: Gross V. FBL Financial Services, Inc.

The company's wind power production segment is also substantial, with five wind farms in operation. The largest wind farm is Gros-Morne, which was commissioned in 2011 and has a gross installed capacity of 211.5 MW.

In addition to its energy production segments, Innergex also develops energy production facilities to the operational stage and then manages them. This is done through its site development and management segment.

Here's a breakdown of Innergex's wind farms:

At Innergex Renewable Energy Inc, energy storage projects are a key part of our business operations. We have a strong focus on electrochemical energy storage, which is a type of battery that stores energy through chemical reactions.

Our team draws on intelligence spanning various types of energy storage, including electromechanical, thermal, and hydrogen storage. This allows us to develop innovative solutions that meet the changing needs of our clients and the market.

We have a deep understanding of the energy storage landscape, which enables us to identify opportunities and mitigate risks in this complex field. Our expertise in energy storage is a valuable asset in our pursuit of renewable energy projects.

Understanding the business operations of a company like Innergex Renewable Energy Inc. is crucial for making informed decisions.

Tenders and contracts are a significant part of Innergex's operations, with detailed insights available into open, awarded, and pre-solicited tenders and contracts.

Innergex Renewable Energy Inc. offers detailed insights into its tenders and contracts, allowing stakeholders to make informed decisions.

These insights can be a valuable resource for businesses looking to partner with Innergex or understand its procurement processes.

Innergex Renewable Energy operates a diverse portfolio of renewable energy projects, including hydroelectric, wind, and solar farms. They have a combined net capacity of 577 MW across 28 facilities.

The company's hydroelectric projects are a significant part of their operations, with 22 run-of-river hydro plants in operation. One of the largest hydroelectric projects is the Rutherford Creek project, which has a gross installed capacity of 49.9 MW.

Here is a list of some of the notable hydroelectric projects operated by Innergex:

In addition to hydroelectric projects, Innergex also operates several wind farms, including the Gros-Morne wind farm, which has a gross installed capacity of 211.5 MW.

Innergex Renewable Energy operates a diverse portfolio of power projects, including hydroelectric plants, wind farms, and solar farms. The company's hydroelectric plants have a combined gross installed capacity of 577 MW.

Innergex's hydroelectric plants are primarily located in Canada, with a significant presence in British Columbia. The company's largest hydroelectric plant is Ashlu Creek, which has a gross installed capacity of 49.9 MW.

One notable trend in Innergex's hydroelectric portfolio is the significant number of projects that are expected to expire in the mid-2020s. For example, the Glen Miller hydroelectric plant is set to expire in 2025, and the Brown Lake plant is set to expire in 2026.

Here is a list of Innergex's hydroelectric plants:

Innergex's wind farms are also a significant part of their portfolio, with a combined gross installed capacity of over 500 MW. The company's largest wind farm is Gros-Morne, which has a gross installed capacity of 211.5 MW.

Here is a list of Innergex's wind farms:

Innergex's solar farms are a smaller but still significant part of their portfolio. The company's largest solar farm is Stardale, which has a gross installed capacity of 33.2 MW.

Premium industry data is a game-changer for any project. It provides a solid foundation for informed decision-making and helps avoid costly mistakes.

The latest market trends suggest that the global data industry is projected to reach $143 billion by 2025, with a compound annual growth rate of 12.4%. This growth is driven by increasing demand for big data analytics and artificial intelligence.

Having access to premium industry data can help projects save time and resources by identifying the most relevant and reliable sources. For instance, a recent study found that 70% of companies that use data analytics experience significant improvements in their decision-making processes.

With premium industry data, projects can also gain a competitive edge by staying ahead of the curve. This is particularly important in industries where data is a key differentiator, such as finance and healthcare.

Innergex Renewable Energy has filed 3 patents.

The company's patent filings cover a range of topics, including aerodynamics, radio frequency antenna types, and sensors.

The most popular patent topics include aerodynamics, radio frequency antenna types, and sensors, which suggests that Innergex Renewable Energy is actively exploring innovative solutions in these areas.

One of the patents filed by Innergex Renewable Energy is for a system and method for monitoring blade deflection of wind turbines, which was granted on May 2, 2023.

This patent was filed on April 12, 2022, and its related topics include wind turbines, aerodynamics, wind turbine manufacturers, sensors, and radio frequency antenna types.

Here is a list of the 3 patents filed by Innergex Renewable Energy:

Innergex Renewable Energy was founded in 1990 by Gilles Lefrançois as Innergex GP.

The company was established in response to the Québec government's call for private sector bids to develop small hydro generation facilities.

Innergex went on to develop four of its own projects and acquire another before transferring these assets into the Innergex Renewable Energy Income Fund in 2003.

Take a look at this: Develop Nova Scotia

This fund listed on the Toronto Stock Exchange, marking a significant milestone for the company.

In 2004, Innergex joined forces with TransCanada Corporation to bid on a Hydro-Québec call for tender for 1,000 MW of wind power.

The two companies set up a joint venture, Cartier Wind Energy, with Innergex holding a 38% stake.

Cartier signed 20-year power purchase agreements for 739.5 MW to be generated at six locations on the Gaspé Peninsula in 2005.

Innergex acquired Alterra Power Corporation in 2018, making the company the largest independent renewable energy producer in British Columbia and among the largest in Canada.

In 2022, Innergex acquired what was left of Llaima Energía (50%) & Aela Energía, the largest green energy provider in Chile at the time.

La Caisse announced a bid to buy Innergex Renewable Energy in February 2025, with the acquisition valued at $10 billion.

The acquisition was completed on July 21, 2025.

A unique perspective: Is Cartier a Good Investment