Innergex welcomes a new Chief assets officer

LONGUEUIL, Quebec, June 15, 2021 – Innergex Renewable Energy Inc. (TSX: INE) (“Innergex” or the “Corporation”) is pleased to announce the appointment of Pascale Tremblay as Chief Assets Officer taking office on August 16, 2021. In this new role, Ms. Tremblay will oversee the operations of the 76 renewable energy facilities of the Corporation in Canada, the United States, France and Chile.

Ms. Tremblay will succeed Peter Grover, the current Senior Vice President – Operations who, after 16 years of service will be gradually reducing his responsibilities with the intention of retiring in late 2021. In the interim, Mr. Grover will assume the position of Executive Advisor to support Ms. Tremblay in her onboarding.

“I want to thank Peter Grover for his many years of dedication to Innergex. His extensive knowledge in wind and solar technologies helped drive Innergex’s growth in these sectors,” said Michel Letellier, President and Chief Executive Officer of Innergex. “We are proud to welcome Pascale Tremblay to our management team as her extensive experience in engineering both in the aerospace and hydropower sectors and her leadership, managerial and analysis skills will support Innergex’s strategy to maximize value from its quality assets and optimize operations.”

Prior to joining Innergex, Ms. Tremblay held a range of operational roles at Pratt & Whitney Canada, including most recently Vice President of Customer Service Operations. She previously has experience working on hydroelectric facilities, including various James Bay sites, in her Project Manager role at Tecsult, Inc. an engineering consulting firm. She holds a Master’s degree in Engineering Management (1998) and a bachelor’s degree in civil engineering (1990) both from Université de Sherbrooke. She earned certificates from Darden, University of Virginia, Virginia and Thayer Development Group West Point, New York, USA, INSEAD Business School, Fontainebleau, France and Helios Program, HEC Montréal, Canada for continuous leadership development education, and is a member of the Ordre des Ingénieurs du Québec since 1990.

Given the recent growth at Innergex, and in order to strengthen and bring more diversity to the Executive Team, Yves Baribeault, Senior Vice President – Legal Affairs and Secretary, and Alexandra Boislard, Vice President – Human Resources will become respectively Chief Legal Officer and Secretary and Chief Human Resources Officer. These appointments will help guide Innergex’s continued growth and bring a broader set of skills to inform top-level decision-making. Innergex will rely on the newly-expanded C-Suite’s expertise to pursue its sustainable development, implement evolving ESG principles and work in accordance with the Corporation’s philosophy of balancing People, our Planet and Prosperity.

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 76 operating facilities with an aggregate net installed capacity of 2,747 MW (gross 3,701 MW) and an energy storage capacity of 150 MWh, including 37 hydroelectric facilities, 33 wind farms and six solar farms. Innergex also holds interests in 9 projects under development, three of which are under construction, with a net installed capacity of 551 MW (gross 623 MW) and an energy storage capacity of 329 MWh, as well as prospective projects at different stages of development with an aggregate gross capacity totaling 6,935 MW. Its approach to building shareholder value is to generate sustainable cash flows, provide an attractive risk-adjusted return on invested capital and to distribute a stable dividend.

Karine Vachon

Senior Director – Communications

450 928-2550, ext. 1222

[email protected]