October 3, 2013 - Financial releases
Montréal, October 3, 2013 – Valener Inc. (“Valener”) (TSX: VNR), the public investment vehicle in Gaz Métro Limited Partnership (“Gaz Métro”), will hold on Tuesday, October 8, its 2013 analyst day.
The agenda includes a visit of the Seigneurie de Beaupré wind power projects as well as a formal presentation by management, which will provide a strategic and financial overview of Gaz Métro and Valener's activities, in particular their strategies for growth.
Sophie Brochu, President and Chief Executive Officer, Martin Imbleau, Vice President, Development and Renewable Energies and Pierre Despars, Executive Vice President, Corporate Affairs and Chief Financial Officer of Gaz Métro, acting as manager of Valener, will be the speakers.
The participation to the event is reserved for financial analysts covering Valener. Shareholders and other interested parties are invited to consult the presentation available in early afternoon on the date of the event on Valener's website (www.valener.com) in the “Investors” section under “Events and presentations”.
Valener owns an economic interest of approximately 29% in Gaz Métro. Valener therefore has a stake in the energy industry and benefits from Gaz Métro's diversified profile, both in terms of geography and business segment. Valener also owns a 24.5% indirect interest in the wind power projects jointly developed with Gaz Métro and Boralex Inc. on the private lands of Séminaire de Québec. Valener's common shares and preferred shares are listed on the Toronto Stock Exchange under the “VNR” trading symbol for common shares and under the “VNR.PR.A” symbol for Series A preferred shares. www.valener.com
Overview of Gaz MétroWith more than $5 billion in assets, Gaz Métro is a leading energy provider. It is the largest natural gas distribution company in Quebec, where its 10,000 km underground network of pipelines serves 300 municipalities and more than 185,000 customers. Gaz Métro is also present in Vermont, producing electricity and distributing electricity and natural gas to cater to the needs to some 300,000 customers. Gaz Métro is actively involved in the development of innovative, sustainability-oriented energy projects such as the production of wind power, the use of natural gas as a transportation fuel and the development of biomethane as a renewable energy source. Gaz Métro is committed to ensuring the satisfaction of its customers, providing support to businesses, local organizations, families and communities, and meeting the needs of its partners (Gaz Métro inc. and Valener) and employees.