LONGUEUIL, QC, April 25, 2012 /CNW Telbec/ - Innergex Renewable Energy Inc. (TSX: INE) announces that its annual meeting of shareholders has been moved to the Sofitel Montreal Hotel.
|| Monday, May 14, 2012
|| Sofitel Montreal Hotel
1155 Sherbrooke Street West, Montreal, Quebec
Unfortunately, the Corporation was recently advised of major construction delays at the Omni Mont-Royal Hotel, where the annual meeting of shareholders was scheduled to be held, which required a change of location.
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, British Columbia, and Idaho, USA. Its portfolio of assets consists of: (i) interests in 25 operating facilities with an aggregate net installed capacity of 461 MW (gross 847 MW), including 20 hydroelectric operating facilities and five wind farms; (ii) interests in 10 projects under development or under construction with an aggregate net installed capacity of 264 MW (gross 407 MW), for which power purchase agreements have been secured; and (iii) prospective projects with an aggregate net capacity totaling 2,844 MW (gross 2,977 MW). Innergex Renewable Energy Inc. is rated BBB- by S&P and BBB (low) 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 stable dividend.
For further information:
Marie-Josée Privyk, CFA
Director - Investor Relations
Innergex Renewable Energy Inc.
Tel: 450 928-2550, ext. 222
Email: [email protected]