Innergex Receives Bronze Parity Certification By Women in Governance

LONGUEUIL, Quebec, December 5, 2022 – Innergex Renewable Energy Inc. (TSX: INE) (“Innergex” or the “Corporation”) has been awarded Bronze Parity Certification by La Gouvernance au Féminin, an initiative aimed at empowering all women and closing the gender gap in the corporate environment. The Bronze Parity Certification recognizes the efforts made by Innergex to achieve parity. This certification is the result of a rigorous assessment that included more than 75 quantitative and qualitative criteria of Innergex's position on the gender parity spectrum by analyzing its strategies and actions and the results they produce. Women in Governance then provides coaching to help certified companies continue to improve their performance in advancing women's careers.

“We are proud to have embarked on this parity process with La Gouvernance au Féminin and are very excited about the potential for advancement that this certification will bring to Innergex,” said Michel Letellier, President and Chief Executive Officer of Innergex. “Receiving guidance from La Gouvernance au Féminin will allow us to develop a concrete roadmap to move even closer to parity and continue to promote an inclusive workplace. For us, investing in parity means working collectively to make Innergex more successful and innovative.”

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 84 operating facilities with an aggregate net installed capacity of 3,582 MW (gross 4,184 MW) and an energy storage capacity of 159 MWh, including 40 hydroelectric facilities, 35 wind farms, 8 solar farms and 1 battery energy storage facility. Innergex also holds interests in 13 projects under development, with a net installed capacity of 731 MW (gross 768 MW) and an energy storage capacity of 745 MWh, 3 of which are under construction, as well as prospective projects at different stages of development with an aggregate gross installed capacity totaling 8,513 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.

For information

Karine Vachon
Senior Director – Communications
450 928-2550, ext. 1222