Innergex announces release from escrow of the SM-1 acquisition

LONGUEUIL, QC, June 27, 2014 /CNW Telbec/ - Innergex Renewable Energy Inc. 
(TSX: INE) announces that the transaction to acquire the Sainte-Marguerite-1 
("SM-1") hydroelectric facility has been released from escrow. 
On June 20, 2014, Innergex and the Desjardins Group Pension Plan announced 
they had completed the acquisition from the Hydroméga Group of Companies of 
the 30.5 MW SM-1 run-of-river hydroelectric facility located in Quebec, Canada 
(see the press release dated June 20, 2014). The transaction had closed in 
escrow pending customary confirmatory release conditions, which have now been 
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 33 operating facilities with an aggregate net installed 
capacity of 687 MW (gross 1,194 MW), including 26 hydroelectric operating 
facilities, six wind farms, and one solar photovoltaic farm; (ii) interests in 
five projects under development or under construction with an aggregate net 
installed capacity of 210 MW (gross 321 MW), for which power purchase 
agreements have been secured; and (iii) prospective projects with an aggregate 
net capacity totaling 2,900 MW (gross 3,125 MW). 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 that generate sustainable cash flows and 
provide a high return on invested capital, and to distribute a stable dividend.

SOURCE  Innergex Renewable Energy Inc. 
Marie-Josée Privyk, CFA, SIPC Director - Investor Relations 450 928-2550, 
ext. 222 
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CO: Innergex Renewable Energy Inc.
ST: Quebec
-0- Jun/27/2014 18:56 GMT
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