Two Stable Trusts for Income and Growth

PEMBINA PIPELINE INCOME FUND $18.11 (Toronto symbol PIF.UN; SI Rating: Extra risk) has interests in 14 feeder pipeline systems with a total length of 8,350 kilometres. This network is the largest feeder operation in Canada. These pipelines bring oil and gas from fields in northeastern… Read More

Innergex Raises its Stakes

INNERGEX POWER INCOME FUND $12 (Toronto symbol IEF.UN; SI Rating: Extra Risk) has agreed to buy IHI Hydro Inc., the holder of a 22.4% interest in five of Innergex’s hydroelectric facilities, for $13.5 million.

The acquisition will give Innergex 100% ownership of the Saint-Paulin, Chaudiere and… Read More

Costly Oil a Plus for This Power Fund

INNERGEX POWER INCOME FUND $12.10 (Toronto symbol IEF.UN; SI Rating: Extra Risk) owns interests in 10 hydroelectric power generating facilities in Quebec, Ontario, British Columbia and Idaho as well as two wind farms in Quebec.

The company’s hydroelectric plants in Quebec are at La Chaudiere, Saint-Paulin,… Read More