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Innergex Renewable Energy Inc(INE-T)
TSX

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INNERGEX UPDATES ITS CAPITAL ALLOCATION STRATEGY

Newswire.ca - Wed Feb 21, 5:05PM CST

Actions Enable Self-Funding to Accelerate Long-Term Growth

All amounts are in Canadian dollars, unless otherwise indicated.

LONGUEUIL, QC, Feb. 21, 2024 /CNW/ - Innergex Renewable Energy Inc. (TSX: INE) ("Innergex" or the "Corporation"), a leading global independent renewable power producer, today announced that its Board of Directors has approved an update to its capital allocation strategy, specifically as it pertains to its dividend to support its long-term growth objectives. The change will be applicable to the next dividend payment on April 15, 2024, to shareholders of record on March 28, 2024.

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