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Wednesday, July 23, 2025

Saying thank you and goodbye to Innergex Renewable Energy Inc. (INE)

It's quite enjoyable to be on vacation and watch my stock portfolio doing exactly what it's supposed to, growing steadily and naturally, all on its own, and even beyond expectations. I updated my investment portfolio earlier this evening. My current net worth stands at $488,537.85.

Probably by tomorrow, or within the next few days, Innergex Renewable Energy Inc. (INE) will be delisted from the TSX. I thought this would only happen by the end of the year or even in 2026. However, the acquisition of Innergex by the Caisse has recently been confirmed. As a result, I’ll be rewarded with $13.75 per share.

I held my INE shares inside my TFSA, so I’ll be receiving a couple thousand dollars directly into that account. This will temporarily reduce my monthly dividend income to below $950. But once I reinvest the funds, I could potentially bring that back up to around $960–$970 per month. I’m in no rush.

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