In addition, Hydro-Québec committed up to $500-million to co-investment opportunities with Innergex. Welcome to our Sustainability Reporting Initiative. Peter Grover joined Innergex in 2005. Mr. Neault was Vice President – Finances until his appointment as Chief Financial Officer on November 14, 2018. LONGUEUIL, Quebec (AP) _ Innergex Renewable Energy Inc. (INGXF) on Tuesday reported third-quarter net income of $5.6 million. Monique Mercier (Chair), Nathalie Francisci better tomorrow Clean, renewable wind energy is an ideal alternative to fossil fuels. Avoid the use of toxic and offensive language. It is currently the most widely-used source of renewable energy as it has a very long operating life. The Inukjuak River tumbles through four sets of rapids just before it hits Hudson Bay in northern Quebec, a drop that ensures the river never fully freezes. He is now responsible for the business development in Latin America. We believe in a better world where abundant renewable energy promotes healthier communities and creates shared prosperity. >, By producing renewable energy exclusively, we help advance the transition to a carbon-free economy. Mr. Baribeault has a Bachelor’s Degree in Chemical Engineering (1986) and Bachelor of Law (1990) from the Université de Sherbrooke as well as a Master’s Degree in Business Administration (International Finance and Administration) from the École des Hautes Études Commerciales de Montréal (1998). Its purpose is to provide guidelines to ensure that Innergex’s reputation for integrity and good corporate citizenship is maintained through the adherence to high ethical standards, and backed by open and honest relations among employees, shareholders, directors, officers, suppliers, host communities, partners and other stakeholders. Independence is determined within the meaning of the Canadian Securities Administrators’ Regulation 58-101 – Respecting Disclosure of Corporate Governance Practices. Sign up today. Learn more about Innergex’s governance principles >, Vice President – Legal Affairs and Secretary, Vice-president – Health and Safety and Technological Innovation, Vice President – Construction and Engineering. Innergex Director since: May 2020, Principal occupation: Partner, Governance & Diversity, Odgers Berndtson Your time is valuable. Also available in French and Mandarin. We have formalized our governance practices through a series of, Executive Incentive Compensation Recoupment, Minimum Shareholding by Directors and Officers, Safeguard and Promotion of Human Rights at Innergex, Workplace Environment Free of Harassment, Violence and Bullying, Cautionary statement on forward-looking information. Construction began this spring and is expected to be completed in two years. Welcome to The Globe and Mail’s comment community. He was Vice President of Engineering and Chief Operating Officer for AAER Corporation, a high-power wind turbine manufacturer. Our approach to sustainable development is embedded in our DNA. President and Chief Executive Officer Prior to that, Mr. Trudel spent three years as a member of the Corporate Banking Group at Bank of Nova Scotia. We believe in the protection of the environment and in the responsible development of natural resources. Prior to joining Innergex, Mr. Grover worked for a manufacturer and supplier of equipment and energy production system for nearly 20 years, in Canada and abroad, holding positions of increasing responsibility, lastly as Director of Project Management. The Inukjuak River, near the northern Quebec town of Inukjuak. We also hold interests in eight projects under development and several prospective projects at different stages of development. Her team leads the policy research and advocacy portfolio with the goal of increasing renewable energy opportunities to help jurisdictions meet their climate change goals. As such, the Hawaiian Electric Company and its subsidiary companies, Maui Electric Company and Hawaii Electric Light Company, launched a request for proposals process in the spring of 2018 for clean, renewable energy projects for Oahu, Maui and Hawai`i Island that would help the state meet its goal of 100% renewable energy by 2045, bringing more stable electricity costs to consumers and reduce its dependency on imported sources of energy. Richard Gagnon (Chair) Prior to joining Innergex, Jean-François was Senior Vice President and Chief Financial Officer at Colabor. Mr. Trudel holds a Bachelor of Business Administration (Finance) degree from HEC Montréal (1993) and a Master of Business Administration degree from Queen’s University (1996). Read our. Innergex Director since: October 2015, Principal occupation: Corporate Director Innergex Director since: May 2017, Principal occupation: Corporate Director 2 Before March 2010, date of the Plan of Arrangement, Jean La Couture and Daniel Lafrance were, since 2003, trustees of Innergex Power Trust, subsidiary of Innergex Power Income Fund. © Copyright 2020 The Globe and Mail Inc. All rights reserved. 1 Independent. Explore the timeline below On February 6, 2018, Innergex Renewable Energy Inc. completed the acquisition of Alterra including all its assets.[2][3]. On February 6, 2018, Innergex Renewable Energy Inc. completed the acquisition of Alterra including all its assets. [11] Recently Alterra as operator has 67%, while the Icelandic pension funds holds 33%. We will continue to generate value for our employees, our shareholders, our partners and our host communities today to contribute to a more sustainable world for future generations. In total, Innergex operates 75 hydro, wind and solar facilities in Canada, the U.S., Chile and France. We believe that social acceptance is the cornerstone of successful project development and that strong projects are built on long-term cooperation with stakeholders and by working in collaboration with Indigenous and local communities. As Vice President – Human Resources, Ms. Boislard-Pépin collaborates in the implementation of the Corporation’s strategy that puts People at the centre of its actions. On May 21, 2010 Icelandic singer Björk wrote an open letter in the newspaper Reykjavík Grapevine, calling on the Icelandic government to "do everything in its power to revoke the contracts with Magma Energy". The leak, one of two large spills in northern Quebec in a matter of months, increased pressure to replace fossil fuel power sources. She has served as a renewable energy expert on different panels and has received awards for her significant expertise and contribution to the renewable energy sector both in BC and across Canada. Cautionary statement on forward-looking information. Mr. Kennedy is responsible for establishing and maintaining various key relationships with community groups and key regulatory agencies. Matt Kennedy joined Innergex in 2011 (with the acquisition of Cloudworks Energy Inc.). He provides strategic direction to a team of dedicated in-house environmental professionals responsible for study and analysis, obtaining permits and approvals, and maintaining compliance with all environmental obligations. The three plants will have a total capacity of 50 MW, divided between Amherstburg (10MW), Belmont (20MW) and Walpole (20MW). For thousands of years, that reliable access to open water drew Inuit to the area. Alterra received an Energy Purchase Agreement from BC Hydro to construct the Upper Toba facility. >. We believe in a level playing field for electricity procurement. On 7 March 2011, it was announced that Magma Energy and Plutonic Power would merge to create Alterra Power Corp.[4] Magma Energy was renamed Alterra Power and each shareholder of Plutonic Power received 2.38 shares of Magma for each Plutonic share held. Last week, the Inukjuak’s steady flow allowed a local company to lock down financing for a long-planned $127-million hydroelectric power plant. Earnings, adjusted for non-recurring costs, came to 8 cents per share. By 2022, the Hawaiian Electric Companies are seeking to add 390 MW of renewable energy to the state’s energy mix through a competitive procurement process. Mr. de Batz is a member of the APEGBC as a Professional Geoscientist. Passionate, talented and respectful of their partners, all members of the Innergex team subscribe to the Corporation’s values. Before that, he was Chief of Labour Relations at G.U.S. Innergex Director since: October 2002, Principal occupation: Advisor to the President, Desire2Learn Robert Guillemette joined Innergex in 2018 (with the acquisition of Cartier Wind Energy Inc.). Our vision is to foster long-term relationships that are built on sharing the benefits that our projects bring. As Senior Vice President – Operations, Mr. Grover is responsible for the implementation, integration and operation of Innergex’s wind and solar energy projects. Mr. de Batz holds a Master of Science (Geology) degree from Université de Marseille (1985) and a Master of Business Administration degree from Université du Québec à Montréal (2003). In a recent report, analyst Nelson Ng at RBC Dominion Securities Inc. said this co-investment money is earmarked for projects such as wind and solar generation facilities, battery storage or transmission networks. We remain committed to responsible growth that balances people, our planet, and prosperity. As Vice President – Environment, he oversees Innergex’s environmental obligations and risks for the corporation’s renewable electricity projects in all phases, including development, construction and operations.