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Rising rates seen crimping this high yield renewable energy play

from The Globe and Mail

The threat of rising interest rates and a lack of near-term growth prospects could continue to hold back shares of hydro, wind and solar company Innergex Renewable Energy Inc. Shares of Longueuil, QC-based Innergex, one of Canada’s largest independent power producers (IPPs), are up about 15 per cent over the past 12 months, but have been flat year-to-date. more

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