Innergex

Longueuil, Canada Founded: 1990 • Age: 36 yrs Acquired By Caisse de depot et placement du Quebec
Renewable energy facilities are developed, owned, and operated by Innergex.
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About Innergex

Innergex is a company based in Longueuil (Canada) founded in 1990 was acquired by Caisse de depot et placement du Quebec in February 2025.. Innergex has completed 3 acquisitions, including Aela Energia, Alterra Power and Energia Llaima. Innergex offers products and services including Hydroelectric Facilities, Wind Energy Projects, Solar Energy Systems, and Battery Energy Storage. Innergex operates in a competitive market with competitors including EDP Renewables, Acciona Energy, Boralex, Exelon and JCM Power, among others.

  • Headquarter Longueuil, Canada
  • Stage Public
  • Sectors
    Energy & Utilities
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Energy & Utilities → Renewable & Clean Energy
Key Metrics
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Products & Services of Innergex

Innergex offers a comprehensive portfolio of products and services, including Hydroelectric Facilities, Wind Energy Projects, Solar Energy Systems, and Battery Energy Storage. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Operates hydroelectric plants for sustainable power production

Develops wind farms to generate clean renewable energy

Manages solar installations for efficient power output

Provides storage solutions for stabilizing renewable energy supply

Funding Insights of Innergex

  • Total Funding
  • Total Rounds 6
  • Last Round Post-IPO — $37.3M
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2022 Amount Post-IPO - Innergex Valuation

investors

Sep, 2021 Amount Post-IPO - Innergex Valuation

investors

Jun, 2018 Amount Post-IPO - Innergex Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Innergex

Innergex has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Caisse de depot et placement du Quebec and HQI Canada Holding. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Investment strategies are provided across diverse asset classes and markets.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Innergex

Innergex has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Aela Energia, Alterra Power and Energia Llaima. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Renewable energy is produced independently via wind farms in Chile.
2013
Independent renewable power producer and operator of hydroelectric, wind, solar, and energy storage facilities
2010
Renewable energy projects are developed using diverse sources globally.
2008
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Innergex

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Innergex Comparisons

Employees
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Competitors of Innergex

Innergex operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as EDP Renewables, Acciona Energy, Boralex, Exelon and JCM Power, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Generation of wind power
domain founded_year HQ Location
Renewable energy is developed, constructed, and marketed globally.
domain founded_year HQ Location
Developer of renewable energy projects
domain founded_year HQ Location
Electric and natural gas distribution services are provided.
domain founded_year HQ Location
Renewable energy projects are developed and operated internationally.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Innergex

Frequently Asked Questions about Innergex

When was Innergex founded?

Innergex was founded in 1990 and raised its 1st funding round 17 years after it was founded.

Where is Innergex located?

Innergex is headquartered in Longueuil, Canada. It is registered at Longueuil, Quebec, Canada.

What does Innergex do?

Innergex was established in 1990 in Longueuil, Canada, as a renewable energy independent power producer. Run-of-river hydroelectric facilities, wind farms, and solar photovoltaic farms are developed, owned, and operated by the company within the clean energy sector. Operations are centered on sustainable power generation, with assets managed across various sites to supply electricity from renewable sources.

Who are the top competitors of Innergex?

Innergex's top competitors include EDP Renewables, Acciona Energy and Boralex.

What products or services does Innergex offer?

Innergex offers Hydroelectric Facilities, Wind Energy Projects, Solar Energy Systems, and Battery Energy Storage.

How many acquisitions has Innergex made?

Innergex has made 3 acquisitions, including Aela Energia, Alterra Power, and Energia Llaima.

Who are Innergex's investors?

Innergex has 2 investors. Key investors include Caisse de depot et placement du Quebec, and HQI Canada Holding.

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