Innergex begins commercial operation of Phase II of Gros-Morne wind farm in Quebec - Gros-Morne becomes the largest wind farm in

Innergex begins commercial operation of Phase II of Gros-Morne wind farm in 
Quebec - Gros-Morne becomes the largest wind farm in Canada 
LONGUEUIL, QC, Nov. 6, 2012 /CNW Telbec/ - Innergex Renewable Energy Inc. 
(TSX:INE) ("Innergex" or the "Corporation") has begun commercial operation 
of Phase II of the Gros-Morne wind farm, located in the municipalities of 
Saint-Maxime-du-Mont-Louis and Sainte-Madeleine-de-la-Rivière-Madeleine, in 
the Gaspé Peninsula of Quebec, Canada. 
"The commissioning of Phase II of Gros-Morne completes Cartier Wind Energy's 
development program, which encompasses 589.5MW of gross installed wind 
energy capacity in Quebec. We are very proud of this achievement, and we are 
also very grateful to the local host communities for their continued support", 
declares Mr. Michel Letellier, President and Chief Executive Officer of the 
Corporation. Innergex owns a 38% interest and a 50% management stake in 
Cartier Wind Energy. 
Gros-Morne is the last project awarded to Cartier Wind Energy under the 1,000 
MW Request for Proposals announced by Hydro-Quebec in 2004, which called for 
at least 60% of total investments to be made locally. Mr.Letellier adds that 
"this first request for proposals became the founding block of the wind energy 
industry in Quebec, and Innergex is particularly proud of having been able to 
contribute to its development and to the economic prosperity of the Gaspé 
region." In fact, Cartier Wind Energy has committed to making contributions 
totalling $15.0M over 20years to the municipalities in which its projects 
are located. 
Phase II of the Gros-Morne wind farm comprises 74wind turbines with a total 
installed capacity of 111.0MW and an estimated yearly energy output of 
341,135MWh, enough to power more than 20,000 Quebec homes each year. It is 
expected to produce revenues for Innergex of approximately $9.0M in its first 
full year of operation. Following the commissioning of Phase II, Gros-Morne 
will hereafter be referred to as one wind farm with a total gross installed 
capacity of 211.5 MW and an expected average annual production of 
650,000MWh. All of the electricity produced is sold to Hydro-Quebec under a 
power purchase agreement which provides for an annual adjustment to the 
selling price based on a portion of the Consumer Price Index, and which 
expires in November2032. 
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, British 
Columbia, and Idaho, USA. Its portfolio of assets currently consists of: (i) 
interests in 28 operating facilities with an aggregate net installed capacity 
of 577MW (gross 1,031MW), including 22 hydroelectric operating facilities, 
five wind farms, and one solar photovoltaic farm; (ii) interests in eight 
projects under development or under construction with an aggregate net 
installed capacity of 188MW (gross 263MW), for which power purchase 
agreements have been secured; and (iii) prospective projects with an aggregate 
net capacity totaling 2,904 MW (gross 3,127MW). 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 
Forward-Looking Information Disclaimer 
This press release contains forward-looking information within the meaning of 
securities legislation. All information and statements other than statements 
of historical facts contained in this press release are forward-looking 
information. Such statements and information may be identified by looking for 
words such as "about", "approximately", "may", "believes", "expects", "will", 
"intend", "should", "plan", "predict", "potential", "project", "anticipate", 
"estimate", "continue" or similar words or the negative thereof or other 
comparable terminology. Such forward-looking information includes, without 
limitation, statements with respect to power generation, growth prospects, 
power purchase agreement, business strategy, and plans and objectives of or 
involving Innergex. 
The forward-looking information includes forward-looking financial information 
or financial outlook to inform investors of the potential financial impact of 
Phase II of the Gros-Morne wind farm on the Corporation's results. Such 
information may not be appropriate for other purposes. 
The forward-looking information is based on certain key expectations and 
assumptions made by Innergex as of the date of this press release, including 
expectations and assumptions concerning performance of operating facility, 
estimates, forecasts and opinions of the Corporation. Although Innergex 
believes that the expectations and assumptions on which such forward-looking 
information is based are reasonable, undue reliance should not be placed on 
the forward-looking information since no assurance can be given that they will 
prove to be correct. Actual results could differ materially from those 
currently anticipated due to a number of factors and risks. These include, but 
are not limited to, execution of strategy, capital resources, derivative 
financial instruments, hydrology, wind, and solar regimes, energy generation, 
equipment failure, performance of third-party suppliers and other risks 
generally attributable to the business of Innergex. For additional 
information with respect to risks and uncertainties, refer to the Annual 
Information Form of Innergex filed on SEDAR's website at The 
forward-looking information contained herein is made as of the date of this 
press release and the Corporation does not undertake any obligation to update 
or revise any forward-looking information, whether as a result of events or 
circumstances occurring after the date hereof, unless required by legislation. 
Marie-Josée Privyk, CFA Director - Investor Relations Innergex Renewable 
Energy Inc. Tel.: 450-928-2550, ext. 222 
To view this news release in HTML formatting, please use the following URL: 
ST: Quebec
-0- Nov/06/2012 12:00 GMT
Press spacebar to pause and continue. Press esc to stop.