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Innergex's partner allocated 150 mw for a wind project

LONGUEUIL, QC, May 10, 2013 /CNW Telbec/ - Innergex Renewable Energy Inc. 
(TSX:INE) ("Innergex" or the "Corporation") announces that its partner, the 
Mi'gmawei Mawiomi, the Assembly of Mi'gmaq communities of Quebec, has been 
allocated 150 MW for a wind energy project in the Gaspé Peninsula, in Quebec, 
Canada. 
"This is a momentous event for the three Mi'gmaq communities, who see great 
opportunities for the future. We now have the resources to support our 
governments and make strategic investments. It is also important to know our 
neighbours will benefit from the project as well, because the majority of the 
revenues from the wind farm will be spent in the Gaspésie region", declares 
Chief Claude Jeannotte, Chairperson of the Mi'gmawei Mawiomi. 
"We are happy to have been selected by the Mi'gmawei Mawiomi for the 
realization of this project, and we look forward to developing a mutually 
beneficial partnership based on common values and interests", declares Michel 
Letellier, President and Chief Executive Officer of Innergex. 
"Our company's strong development track record stems in part from its 
willingness and ability to develop successful long-term partnerships. We 
believe there is a shift right across Canada towards local communities and 
First Nations choosing to become agents of their own socio-economic 
development, and this must be reflected in how energy projects are developed", 
adds Mr. Letellier. "We are very pleased with the development model that the 
Quebec government has chosen, as we have prospective projects in collaboration 
with local municipalities that we will be able to submit under the requests 
for proposals announced today", concludes Mr. Letellier. 
Today, Quebec Premier Pauline Marois announced that the government is pursuing 
the development of the wind energy industry in Quebec with the allocation of 
800 MW for new projects, including the 150 MW for a project by the Mi'gmawei 
Mawiomi, Innergex's partner, as well as 200MW for Hydro-Québec Production, 
300 MW by request for proposals for projects in the Gaspésie and 
Lower-Saint-Lawrence regions, and 150 MW by request for proposals for projects 
throughout Quebec. These requests for proposals will target projects initiated 
by local communities or cooperatives, in partnership with private developers. 
About the Mi'gmawei Mawiomi 
The Mi'gmawei Mawiomi (the Assembly) is a representative organization for 
three Mi'gmaq communities located in Gespe'gewa'gi: Gespeg, Gesgapegiag and 
Listuguj. The Assembly ensures, among other things, the Mi'gmaq Nation has 
access to its resources the purpose of which is to support the political and 
social objectives of the Mi'gmaq governments. The Assembly has established a 
secretariat, the Mi'gmawei Mawiomi Secretariat (MMS), to carry out its 
administrative functions that allow for MMS to pursue consultations and 
accommodations with any interest wanting to access the natural resources 
throughout Gespe'gewa'gi, its lands. The partnership with Innergex Renewable 
Energy Inc. is the first endeavour to partner with a company that will allow 
the Assembly to participate in the emerging wind power industry operating on 
its lands. 
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 seven 
projects under development or under construction with an aggregate net 
installed capacity of 190MW (gross 263MW), for which power purchase 
agreements have been secured; and (iii) prospective projects with an aggregate 
net capacity totaling 2,900 MW (gross 3,125MW). Innergex Renewable Energy 
Inc. is rated BBB- by S&P and BB (high) by DBRS (unsolicited rating). 
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. 
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 commercial operation date, installed 
capacity, the obtaining of required permits, average annual electricity 
production, construction costs and timing, project financing, business 
strategy, and plans and objectives of or involving Innergex. 
The forward-looking information includes forward-looking financial information 
or financial outlook, such as revenues, estimated construction costs, and 
electricity production, to inform investors of the potential financial impact 
of the project 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 availability of capital resources, the 
obtaining of required permits, construction costs and timing, commercial 
operation date, and performance of the facility, as well as 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, design, development and construction of the new facility, 
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 www.sedar.com. 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, SIPC Director - Investor Relations 450928-2550, 
ext. 222 mjprivyk@innergex.com 
www.innergex.com 
Troy Jerome Executive Director Mi'gmawei Mawiomi Secretariat 418788-1760, 
ext. 102 tjerome@migmawei.ca 
www.migmawei.ca 
SOURCE: INNERGEX RENEWABLE ENERGY INC. 
To view this news release in HTML formatting, please use the following URL: 
http://www.newswire.ca/en/releases/archive/May2013/10/c5855.html 
CO: Mi'gmawei Mawiomi
ST: Quebec
NI: UTI ORDER VNT  
-0- May/10/2013 18:11 GMT
 
 
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