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 December20,2013.
"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 629MW (gross 1,096MW), 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 252MW (gross 388MW), 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
SOURCE Innergex Renewable Energy Inc.
Marie-Josée Privyk, CFA, SIPC Director - Investor Relations 450928-2550,
ext. 222 email@example.com
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CO: Innergex Renewable Energy Inc.
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-0- Dec/17/2013 15:58 GMT
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