Areas for growth

Investing in Valener means participating in the growth Énergir, L.P. offers and benefitting from the cash flows generated by the Seigneurie de Beaupré Wind Farms
Wind power
  • Quality partners Énergir, L.P. (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
  • In April 2017, the new infrastructure at the LSR plant came into service, tripling Énergir, L.P.’s liquefied natural gas (LNG) production capacity
    • The plant can now produce over 9 billion cubic feet of LNG per year
    • Total investment for this project was $119 million, which included a $ 50 million contribution from Investissement Québec
  • LNG will open up new markets and serve industries not connected to the physical network
    • Énergir, L.P. has been supplying Stornoway’s Renard diamond mine located nearly 1,000 km from Montréal since April 2016
    • LNG supply system available at the Port of Montreal since May 2017
    • The Blue Road : the first public network of compressed natural gas (CNG) and LNG refuelling stations for the transportation industry in Canada.

      • The development of the Blue Road aims to add public LNG and CNG refuelling stations at various locations in a strategic and flexible manner.
  • Natural gas offers opportunities to reduce GHG and generate significant savings in the road and maritime transportation sectors
Vermont
  • More than 70% of electricity and all natural gas distributed in Vermont to more than 315,000 customers
  • Integration of Green Mountain Power and Central Vermont Public Service generates important synergies
  • Major extension project for Vermont Gas Systems distribution network completed in April 2017
  • 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