Innergex announces director election results

LONGUEUIL, QC, May 12, 2016 /CNW Telbec/ - Innergex Renewable Energy Inc. (TSX: INE) ("Innergex" or the "Corporation") announces that all nominees listed in the management information circular dated April 13, 2016 were elected as directors of the Corporation.

The detailed results of the vote by ballot for the election of directors, which was held during the annual meeting of shareholders held on May 10, 2016 are as follows:

 


Votes For

% Votes For

Votes Withheld

% Votes Withheld

William A. Lambert

73,098,283

99.77%

166,290

0.23%

Jean La Couture

73,053,255

99.71%

211,318

0.29%

Michel Letellier

73,075,745

99.74%

188,628

0.26%

Daniel Lafrance

73,095,093

99.77%

169,480

0.23%

Richard Laflamme

73,093,326

99.77%

171,247

0.23%

Dalton McGuinty

72,991,306

99.63%

273,267

0.37%

Monique Mercier

73,067,019

99.73%

197,554

0.27%

 

The formal report on voting results with respect to all matters voted upon during the annual meeting of shareholders will be filed with the regulatory authorities shortly.

About Innergex Renewable Energy Inc.

Innergex Renewable Energy Inc. (TSX: INE) is a leading Canadian independent renewable power producer. Active since 1990, the Corporation develops, owns, and operates run-of-river hydroelectric facilities, wind farms, and solar photovoltaic farms and carries out its operations in Quebec, Ontario, British Columbia, Idaho, USA, and in France. Its portfolio of assets currently consists of: (i) interests in 42 operating facilities with an aggregate net installed capacity of 803 MW (gross 1,300 MW), including 28 hydroelectric operating facilities, 13 wind farms, and one solar photovoltaic farm; (ii) interests in four projects under development or under construction with an aggregate net installed capacity of 187 MW (gross 297 MW), for which power purchase agreements have been secured; and (iii) prospective projects with an aggregate net capacity totaling 3,280 MW (gross 3,530 MW). Innergex Renewable Energy Inc. is rated BBB- by S&P.

The Corporation's strategy for building shareholder value is to develop or acquire high-quality facilities that generate sustainable cash flows and provide an attractive risk-adjusted return on invested capital, and to distribute a stable dividend.

 

SOURCE Innergex Renewable Energy Inc.

For further information: Martine Benmouyal, Senior Advisor - Communications, 450 928-2550, ext. 335, MBenmouyal@innergex.com, www.innergex.com

RELATED LINKS
www.innergex.com

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