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Home » Finance » Innergex Reports 8% Decline in Q2 2024 EBITDA Amid Challenging Conditions
Finance

Innergex Reports 8% Decline in Q2 2024 EBITDA Amid Challenging Conditions

By Caesar HarrettAugust 8, 20242 Mins Read
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Credit: Innergex
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Innergex reported $184 million in adjusted EBITDA proportionate for the second quarter of 2024, reflecting an 8% decrease compared to the same period in 2023. The decline was attributed to below-average wind regimes in most regions, reduced water flows in British Columbia, and lower irradiance coupled with economic curtailment at the Phoebe facility in Texas

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