Areas for growth

Investing in Valener means participating in the growth Gaz Métro offers and benefitting from the cash flows generated by the Seigneurie de Beaupré Wind Farms
Wind power
  • Quality partners Gaz Métro (25.5%) and Boralex (50%)
  • 20-year lease with Séminaire de Québec on Seigneurie de Beaupré’s private property
  • Cash flows supported by 20-year contracts with Hydro-Québec that include indexation
  • Anticipated distributions of $8 million annually to Valener, to support the announced growth of its dividend
  • Positions Valener as a key green energy player in Québec
  • Contributes to diversifying the energy portfolio
Liquefied natural gas
  • Projected investment of $118 million to triple capacity at Gaz Métro’s liquefaction plant in Québec by the end of 2016
    • Contribution of up to $50 million from Investissement Québec
  • LNG will open up new markets and serve industries not connected to the physical network
    • Stornoway diamond mine located nearly 1,000 km from Montreal will be supplied with LNG
  • Natural gas offers opportunities to reduce GHG and generate significant savings in the road and maritime transportation sectors:
    • Three ferries operated by the Société des Traversiers du Québec will be powered by LNG
    • Blue Road runs 1,800 km from Mississauga to Rivière-du-Loup
Vermont
  • More than 70% of electricity and all natural gas distributed in Vermont to more than 305,000 customers
  • Integration of Green Mountain Power and Central Vermont Public Service generates important synergies
  • Major extension project for the Vermont Gas Systems distribution network by end of 2016
  • Major stake in electricity transmission in northeastern United States
  • Involvement in wind power, “cow power” and solar generates clean, innovative energy
  • Platform for future growth in northeastern United States