TMX group

Sep. 2, 2010 (Canada NewsWire Group) --

Minister of Northern Development, Mines and Forestry to attend

UMBATA FALLS MILLER, ON, Sept. 2 /CNW Telbec/ - Michel Letellier, President and Chief Executive Officer of Innergex Renewable ("Innergex") and Chief Roy Michano, of the Pic River First Nation are please to invite the media to an official event, celebrating the success of the Umbata Falls Power Station project. The event will be held in the presence of the Honourable Michael Gravelle, Minister of Northern Development, Mines and Forestry of Ontario.

The Umbata Falls run-of-river hydroelectric plant is located on the White River, a tributary of Lake Superior, some 30 kilometres southeast of Marathon, Ontario. It has a nameplate capacity of 23.0 MW. This renewable energy facility was developed in partnership with the Pic River First Nation. The Ojibways of the Pic River First Nation owns a 51% share in Umbata Falls. The remaining 49% is owned by Innergex. A power purchase agreement for 100% of the energy generated until November 12, 2028, has been signed with the Ontario Power Authority.

Note: Innergex Renewable Energy personnel will meet the media and direct parking.

Innergex Renewable Energy Inc. is a leading developer, owner and operator of run-of-river hydroelectric facilities and wind energy projects in North America. Innergex's management team has been involved in the renewable power industry since 1990. Innergex owns a portfolio of projects which consists of: i) interests in 17 operating facilities with an aggregate net installed capacity of 326 MW; ii) interests in 7 projects under development with an aggregate net installed capacity of 203 MW for which power purchase agreements have been secured; and iii) prospective projects of more than 2,000 MW (net).

Pic River First Nation is a recognized leader in renewable energy development. Pic River has become known for sound management practices and innovative approaches to site development. Pic River's goals are simple, to establish projects that are self sustaining and profitable.  Pic River has interests in three operational projects with an installed capacity of 41.5 MW and is partner in 5 new wind and water projects with an aggregate net installed capacity of 140 MW.

Lydia Veilleux, Innergex Renewable Energy, Tel.: (450) 982-2550, ext. 280, Cell.: (514) 347-8379, or lveilleux@innergex.com