LONGUEUIL, QC, Dec. 17, 2013 /CNW Telbec/ - Innergex Renewable Energy
Inc. (TSX: INE) ("Innergex" or the "Corporation") announces that S&P
Dow Jones Indices LLC has decided to add the Corporation to the S&P/TSX
Composite Index, effective after the close of markets on
December 20, 2013.
"The addition of Innergex to the S&P/TSX Composite Index marks another
milestone in our development as a leading Canadian renewable energy
producer and broadens our shareholder base", states Michel Letellier,
President and Chief Executive Officer of the Corporation.
S&P Dow Jones Indices LLC has also decided to add the Corporation to the
S&P/TSX Composite Dividend Index, the S&P/TSX Equity Income Index and
the S&P/TSX Composite Low Volatility Index. These changes were
announced by S&P Dow Jones Indices LLC following the latest quarterly
review of the S&P/TSX Canadian indices it provides.
About Innergex Renewable Energy Inc.
Innergex Renewable Energy Inc. (TSX: INE) is a leading Canadian
independent renewable power producer. Active since 1990, the Company
develops, owns and operates run-of-river hydroelectric facilities, wind
farms and solar photovoltaic farms and carries out its operations in
Quebec, Ontario and British Columbia and in Idaho, USA. Its portfolio
of assets currently consists of: (i) interests in 30 operating
facilities with an aggregate net installed capacity of 629 MW (gross
1,096 MW), including 23 hydroelectric operating facilities, six wind
farms, and one solar photovoltaic farm; (ii) interests in seven
projects under development or under construction with an aggregate net
installed capacity of 252 MW (gross 388 MW), for which power purchase
agreements have been secured; and (iii) prospective projects with an
aggregate net capacity totaling 2,900 MW (gross 3,125 MW). Innergex
Renewable Energy Inc. is rated BBB- by S&P and BB (high) by DBRS
The Corporation's strategy for building shareholder value is to develop
or acquire high-quality facilities generating sustainable cash flows
and providing a high return on invested capital, and to distribute a
SOURCE: Innergex Renewable Energy Inc.
For further information:
Marie-Josée Privyk, CFA, SIPC
Director - Investor Relations
450 928-2550, ext. 222