LONGUEUIL, QC, Nov. 6, 2024
/CNW/ - Innergex Renewable Energy Inc. (TSX: INE) ("Innergex" or
the "Corporation") announces the retirement of its long-serving
Chair, Daniel Lafrance, as
previously announced in the Management Information Circular earlier
this year, and the appointment of Monique
Mercier as Chair of the Board, effective immediately. Ms.
Mercier, a seasoned and award-winning corporate director who has
served on the Innergex Board since 2015, will be the first woman to
hold this role at Innergex. Mr. Lafrance, stepping down after a
distinguished and multi-year tenure dedicated to advancing
Innergex's leadership in renewable energy, will remain on the Board
until December 31, 2024, to ensure a
smooth transition.
"Serving as Innergex's Chair has been one of the most fulfilling
roles of my career," said Mr. Daniel Lafrance. "Together,
we have built an organization dedicated to sustainable growth and
innovation, and positively impacting the communities we serve. I am
honoured to pass the torch to Monique, an exceptional leader with
vast experience and deep commitment to governance and sustainable
development. Monique knows Innergex well and aligns perfectly with
our ambitious growth objectives. I have full confidence in her
leadership to guide Innergex toward even greater achievements."
"On behalf of the entire Innergex team, I extend our deepest
appreciation to Daniel for his invaluable leadership and unwavering
dedication to the company's vision since the early 2000s," said
Michel Letellier, President and
Chief Executive Officer of Innergex. "His insight and guidance have
helped shape Innergex into a model of responsible, sustainable
growth. As we move forward, we are delighted to welcome Monique as
the new Chair. She is a seasoned and highly respected leader whose
support for our accelerated growth strategy in a dynamic market
will be invaluable. We warmly welcome her in this new role and look
forward to advancing our shared mission together."
"It is a true honour to assume the role of Chair at Innergex, a
company I have been privileged to support for nearly a decade and
one that deeply aligns with my values," said Ms. Monique Mercier. "I look forward to working with
the Board and management to continue building on the solid
foundations of our strategy, which addresses a growing demand for
renewable energy in a rapidly transforming market. We are not
merely in continuity but progressing toward an ambitious vision. I
am committed to guiding Innergex with rigour and dedication."
About Monique
Mercier
Monique Mercier, Ad. E., is a
distinguished corporate director with extensive experience in
telecommunications, healthcare, and information technology. She was
formerly Executive Vice President, Corporate Affairs, and Chief
Legal and Governance Officer at TELUS, until her retirement in
2018. Ms. Mercier has received numerous prestigious awards,
including the Lifetime Achievement Award at the Canadian General
Counsel Awards in 2018 and the Woman of the Year Award by Women in
Communications and Technology in 2016. She also serves on the
boards of iA Financial Group, Alamos Gold Inc., TMX Group Limited,
and the Thoracic Surgery Research Foundation of Montreal. She was a Board Member of the Bank
of Canada from 2018 to 2022.
About Innergex Renewable Energy Inc.
For over 30
years, Innergex has believed in a world where abundant renewable
energy promotes healthier communities and creates shared
prosperity. As an independent renewable power producer which
develops, acquires, owns and operates hydroelectric facilities,
wind farms, solar farms and energy storage facilities, Innergex is
convinced that generating power from renewable sources will lead
the way to a better world. Innergex conducts operations in
Canada, the United States, France and Chile and manages a large portfolio of
high-quality assets currently consisting of interests in 89
operating facilities with an aggregate net installed capacity of
3,377 MW (gross 4,332 MW), including 42 hydroelectric facilities,
35 wind facilities, 9 solar facilities and 3 battery energy storage
facilities. Innergex also holds interests in 14 projects under
development with a net installed capacity of 991 MW (gross 1,334
MW), 2 of which are under construction, as well as prospective
projects at different stages of development with an aggregate gross
installed capacity totaling 9,807 MW. Its approach to building
shareholder value is to generate sustainable cash flows and provide
an attractive risk-adjusted return on invested capital.
To learn more, visit innergex.com or connect with us
on LinkedIn.
SOURCE Innergex Renewable Energy Inc.