Sustainability Reporting Initiative
Prosperity > Operating Assets
Innergex’s diverse and expanding portfolio of operating assets consists of facilities that generate renewable energy from hydro, wind, and solar sources, as well as energy storage facilities. We conduct operations in four countries including Canada, the United States, France and Chile.
The Corporation’s Management analyzes results and manages operations based on the type of technology resulting in different cost structures and skill set requirements for the operating teams. The Corporation consequently has three operating segments: hydroelectric power generation, wind power generation and solar power generation.
|Indicator||Unit||Hydro||Wind||Solar||Total 2021||Total 2020||Change 2021 over 2020 (%)||Total 2019||Change 2020 over 2019 (%)|
|Number of facilities||#||40||32||7||79||75||5||68||10|
|Gross installed capacity1||MW||1,259||1,946||596||3,801||3,694||3||3,488||6|
|Net installed capacity2||MW||919||1,602||580||3,101||2,742||13||2,588||6|
1 Gross installed capacity is the total capacity of all Operating Facilities of Innergex, including non-wholly owned subsidiaries and joint ventures and associates.
2 Net installed capacity is the proportional share of the total capacity attributable to Innergex based on its ownership interest in each facility.
3 Production Proportionate, Revenues Proportionate and Adjusted EBITDA Proportionate as reported in the Corporation’s 2021 Annual Report.
4 Not a recognized measure under IFRS. Please refer to the Non-IFRS section or this report for more information.
As at February 23, 2022
Our assets are young with
a weighted average age of:
Weighted average remaining life
of power purchase agreements (PPA):
1 As at February 23, 2022, the Corporation owns and operates 80 facilities in commercial operation (the “Operating Facilities”) commissioned between 1986 and July 2021.
2 Weighted average based on gross long-term average production.
This metric allows us to gauge the availability of our equipment to produce electricity. Reasons for facilities or components of facilities to be unavailable can include being offline for maintenance purposes, repairs, force majeure or lack of energy source.