http://www.streetinsider.com Latest StreetInsider.com News Articles en-us Copyright 2025, StreetInsider.com rss@streetinsider.com (SI RSS) rss@streetinsider.com (SI RSS) Tue, 25 Feb 2025 09:15:00 -0500 http://blogs.law.harvard.edu/tech/rss http://www.streetinsider.com/images/rss_logo.gif http://www.streetinsider.com 143 28 0 1 2 3 21 22 23 Saturday Sunday http://www.streetinsider.com/Investing/CDPQ+to+buy+renewable+power+company+Innergex+in+%2410+billion+deal/24397468.html <p>Investing.com -- Canadian pension fund CDPQ has agreed to acquire <span itemscope itemtype="http://schema.org/Corporation"><span itemprop="name"> Innergex Renewable Energy Inc </span></span>. (TSX:INE) for C$13.75 per share in cash, valuing the renewable power company at C$10 billion, including debt.</p> <p>The deal represents a 58% premium to Innergex’s last closing price of C$8.71 and an 80% premium to its 30-day volume-weighted average price. <br /><br />Innergex’s board has unanimously approved the transaction, which is expected to close by the fourth quarter of 2025, subject to shareholder and regulatory approvals.</p> <p>Hydro-Québec, which holds a 19.9% stake in Innergex, has agreed to vote in favor of the acquisition. Preferred http://www.streetinsider.com/Investing/CDPQ+to+buy+renewable+power+company+Innergex+in+%2410+billion+deal/24397468.html Tue, 25 Feb 2025 09:15:00 -0500 INE http://www.streetinsider.com/General+News/CDPQ+to+buy+renewable+power+company+Innergex+in+%2410+billion+deal/24397468.html <p>Investing.com -- Canadian pension fund CDPQ has agreed to acquire <span itemscope itemtype="http://schema.org/Corporation"><span itemprop="name"> Innergex Renewable Energy Inc </span></span>. (TSX:INE) for C$13.75 per share in cash, valuing the renewable power company at C$10 billion, including debt.</p> <p>The deal represents a 58% premium to Innergex’s last closing price of C$8.71 and an 80% premium to its 30-day volume-weighted average price. <br /><br />Innergex’s board has unanimously approved the transaction, which is expected to close by the fourth quarter of 2025, subject to shareholder and regulatory approvals.</p> <p>Hydro-Québec, which holds a 19.9% stake in Innergex, has agreed to vote in favor of the acquisition. 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