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.

How many employees does Innergex have?

As of Aug 31, 2026, the latest employee count at Innergex is 557.

Is Innergex a funded company?

Innergex is a funded company, having raised an undisclosed amount across 6 funding rounds to date. The company's 1st funding round was a $***** Post IPO round, raised on Dec 06, 2007.

When was the latest funding round of Innergex?

Innergex's latest funding was a $***** Post IPO round on Feb 22, 2022, with participation from 1 investor.

Where does Innergex rank among its competitors?

Innergex ranks 5th amongst 45 active competitors, of which 6 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Capital Power, which secured $108M in Apr, 2025.

Who are the top competitors of Innergex?

Innergex's top competitors include Acciona Energy, Exelon and EDP Renewables. Among them, Capital Power secured the most recent funding round in April, 2025.

Innergex - 2026 Company Profile, Funding & Competitors

Q: Is Innergex an acquired company?

Innergex got acquired by CDPQ on Feb 24, 2025.

Company Details

Innergex is a renewable energy-based independent power producer that develops, owns, and operates run-of-river hydroelectric facilities, wind farms, and solar photovoltaic farms.

Website: www.innergex.com/en
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Key Metrics

Founded Year

1990

Location

Longueuil, Canada

Stage

Acquired

Latest Funding Round

Post IPO, Feb 22, 2022, $*****

Investors

iA Capital Markets & 3 more

Ranked

5^th among 45 active competitors

Employee Count

557 as on Aug 31, 2026

Investment & Acquisitions

Aela Energia & 2 more

Similar Companies

Solstice & 306 more

Exit Details

Acquired by CDPQ (Feb 24, 2025)

View Innergex's full profile

Innergex is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
Alterra Power Corp. CIN: 1689240 , United States, Active		$25M - $100M (As on Nov 09, 2016)	-	-

Innergex got acquired by CDPQ on Feb 24, 2025 at an acquisition amount of $*****.

Click here to take a look at Innergex's acquisition in detail

Innergex has raised funding over 6 rounds. Its first funding round was on Dec 06, 2007. Its latest funding round was a Post IPO round on Feb 22, 2022 for $*****. 1 investor participated in its latest round. Innergex has 4 institutional investors.

Here is the list of recent funding rounds of Innergex:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 22, 2022	1297028	Post IPO	8617119	3067860	3291547	2211824
Sep 03, 2021	5824616	Post IPO	9262931	2183030	3126154	5392078
Jun 12, 2018	1695147	Post IPO	9299232	7235954	3571413	5546930

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View details of Innergex's funding rounds and investors

Innergex's employee count trend

Innergex has 557 employees as of Aug 26. Here is Innergex's employee count trend over the years:

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Top competitors of Innergex include Acciona Energy, Exelon and EDP Renewables. Here is the list of Top 10 competitors of Innergex, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Acciona Energy 1997, Madrid (Spain), Public	Provider of renewable energy solutions	$567M	KKR, Triodos Investment Management & 3 others	73/100
2nd	Exelon 2000, Chicago (United States), Public	Provider of energy services with an electric and natural gas distribution	-	Ideocolab, OSTI & 1 others	69/100
3rd	EDP Renewables 2007, Madrid (Spain), Public	Generation of wind power	-	Citi, Shareholder Value Management & 1 others	66/100
4th	Boralex 1982, Kingsey Falls (Canada), Acquired	Developer of renewable energy projects	-	Energy Infrastructure Partners, CIC & 4 others	64/100
5th	Innergex 1990, Longueuil (Canada), Acquired	Renewable energy based IPP	-	iA Capital Markets, Birch Hill Equity Partners ... & 2 others	60/100
6th	Northland Power 1987, Toronto (Canada), Public	Provider of solar energy power producer	-	-	57/100
7th	BluEarth Renewables 2010, Calgary (Canada), Acquired	Developer of renewable energy facilities and provider of operating support	$81M	Ontario Teachers' Pension Plan, ARC Financial	55/100
8th	TerraForm Power 2014, New York City (United States), Acquired	Leading renewable energy provider with wind, solar, and storage assets	$335M	Capricorn	53/100
9th	Capital Power 2009, Edmonton (Canada), Public	Provider of power generation facilities of energy sources	-	-	52/100
10th	Envest 2014, Toronto (Canada), Seed	Producer of clean energy infrastructure and industrial decarbonization energy solutions	$2.92M	-	49/100

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Looking for more details on Innergex's competitors? Click here to see the top ones

Innergex has acquired 3 companies including Aela Energia, Energia Llaima and Alterra Power. Innergex has not made any investments as of now.

Here is the list of its acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Feb 04, 2022	Acquisition	Aela Energia	2013	Las Condes (Chile)
Jun 30, 2021	Acquisition	Energia Llaima	2010	Las Condes (Chile)
Oct 30, 2017	Acquisition	Alterra Power	2008	Vancouver (Canada)