Date Closed

December 11, 2012

Lead Office

Montréal

Value

50.00 Million CAD

On December 11, 2012, Innergex Renewable Energy Inc. (“Innergex”) completed the previously announced bought deal offering of cumulative redeemable fixed-rate preferred shares Series C. The corporation issued a total of 2 million Series C shares at a price of C$25 per share, for gross proceeds of C$50 million. The offering was made on a bought deal basis through a syndicate of underwriters co-led by TD Securities Inc., National Bank Financial Inc. and BMO Capital Markets. Innergex intends to use the proceeds of the offering to repay a portion of its revolving term credit facility and for general corporate purposes.
 
Innergex, headquartered in Longueuil, Québec, is anindependent renewable power producer.

McCarthy Tétrault LLP represented Innergex Renewable Energy, the issuer, with a team led by Philippe Fortier.