trending Market Intelligence /marketintelligence/en/news-insights/trending/NR_f754jZD6lrqyjpownxw2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

S&P Global Ratings places Innergex on CreditWatch negative

Essential Energy Insights - May 14, 2020

Credit Risk: Identifying Early Warning Signals In The Oil And Gas Industry

Stress Testing Energy Companies in the Current Environment

Infographic Solar Power by the Numbers The US Canada and Mexico

S&P Global Ratings places Innergex on CreditWatch negative

S&P Global Ratings placed its BBB- issuer credit rating on Innergex Renewable Energy Inc. and its BB issue-level ratings on the company's preferred shares on CreditWatch with negative implications in light of its weak financial metrics.

"The CreditWatch placement reflects continuing amounts of heightened leverage at the holdco level," said S&P Global Ratings in a Dec. 23 report. "If Innergex does not take steps to reduce debt, we would lower the rating."

The rating agency plans to resolve the CreditWatch in the next 90 days.

This S&P Global Market Intelligence news article may contain information about credit ratings issued by S&P Global Ratings. Descriptions in this news article were not prepared by S&P Global Ratings.