Innergex reports year-end 2014 results

News Release
For Immediate Distribution

INNERGEX REPORTS YEAR-END 2014 RESULTS
CAPACITY ADDITIONS YIELD EXPECTED GROWTH – DIVIDEND INCREASES BY 3%

1. Production increases 24% for the year to 2,962 GWh and reaches 100% of long-term average
2. Revenues increase 22% to $241.8 million for the year
3. Adjusted EBITDA increases 21% to $179.6 million for the year
4. Board of Directors declares a dividend increase of $0.02 to $0.62 per common share on an annual basis

LONGUEUIL,Quebec,February 24, 2015 – Innergex Renewable Energy Inc. (TSX: INE) (“Innergex” or the “Corporation”) releases its operating and financial results for the year ended December 31, 2014.

“We had a great fourth quarter and we are satisfied with our performance in 2014, which reflects the anticipated contributions from the recent commissioning of our new facilities and from acquisitions. We continue to focus on advancing our five projects under development that provide measurable growth within the next three years. In 2015, Innergex celebrates its 25th anniversary with a renewed commitment to focus exclusively on producing renewable energy and to do so sustainably”, declares Michel Letellier, President and Chief Executive Officer of the Corporation.

“In light of the full year contribution of the SM-1 facility and the commissioning of the Tretheway Creek facility in the coming year, the Board of Directors has decided to increase the dividend distributed to our common shareholders by 3% to $0.62 on an annual basis”, adds Mr. Letellier.

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