François legault's government will invest new: This article explores the topic in depth.
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François Legault’s government will invest $ 500 million in Quebec company Innergex, according to the Minister of Economy, Innovation and Energy, which has announced it on social network X.
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This investment in green energy production. Therefore, first reported by Radio-Canada, occurs when Hydro-Québec is launching its vast growth plan.
The company, whose head office is in Longueuil, produces wind, solar energy as well as hydroelectricity.
“Innergex will thus be able to remain in the hands of Quebec interests. will participate in the development of our green energy and will help Hydro-Québec to carry out the greatest energy project in its history,” wrote Mr.me Frift Sur X.
This is a colossal investment in Quebec, the amount of which is around Northvolt ($ 507M). Quebec françois legault’s government will invest new will hold $ 100M in ordinary shares and $ 400M in privileged shares in Innergex.
In the past few weeks. the Quebec Deposit and Placement Fund has spent $ 9G to buy Innergex (including $ 3G shares and $ 6G reinvestment) because it was the subject of a hostile purchase offer from American interests.
Like other producers of wind electricity, Innergex then faced several “front winds”. Among these, relatively high interest rates and certain supply difficulties.
A year and a half ago, Innergex had half saved his dividend to preserve liquidity and facilitate his investments.
Recall that the day after the humiliating defeat of the CAQ in the by -election in Arthabaska on Monday. François Legault promised “changes” and admitted that Quebecers were “disappointed” from his party, in particular because of the losses related to the government’s investment in Northvolt.
François legault's government will invest new – François legault's government will invest new
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