Valener Inc : Valener and Gaz Métro fiscal 2014 first quarter results release and conference call
January 17, 2014 at 02:26 pm IST
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Montréal, January 16, 2014 - Valener Inc. (TSX: VNR), the public investment vehicle in Gaz Métro Limited Partnership ("Gaz Métro"), will hold a conference call on Monday, February 10, 2014 at 10:00 a.m. (Eastern time) to discuss its results and those of Gaz Métro for the first quarter ended December 31, 2013. The results will be released in the morning on the same day.
The conference can be accessed live by dialling 647-427-7450 or toll-free 1-888-231-8191. It will also be Webcast on Valener's Web site in the Investors section under "Events and Presentations".
Rebroadcasts can be accessed for 30 days by telephone at 416-849-0833 or toll-free at 1-855-859-2056 (access code: 34179049), and for 90 days on Valener's Web site.
Overview of Valener
Valener owns an economic interest of approximately 29% in Gaz Métro. Valener therefore has a stake in the energy industry and benefits from Gaz Métro's diversified profile, both in terms of geography and business segment. Valener also owns a 24.5% indirect interest in the Seigneurie de Beaupré Wind Farms jointly developed with Gaz Métro and Boralex Inc., whose 272 MW Phase I is in service since December 2013. Valener's common shares and preferred shares are listed on the Toronto Stock Exchange under the "VNR" trading symbol for common shares and under the "VNR.PR.A" symbol for Series A preferred shares.
Overview of Gaz Métro
With more than $5 billion in assets, Gaz Métro is a leading energy provider. It is the largest natural gas distribution company in Quebec, where its network of over 10,000 km of underground pipelines serves 300 municipalities and more than 190,000 customers. Gaz Métro is also present in Vermont, producing electricity and distributing electricity and natural gas to meet the needs of more than 305,000 customers. Gaz Métro is actively involved in the development of innovative, promising energy projects such as the production of wind power, the use of natural gas as a transportation fuel and the development of biomethane. Gaz Métro is a major energy sector player who takes the lead in responding to the needs of its customers, regions and municipalities, local organizations, and communities while also satisfying the expectations of its Partners (Gaz Métro inc. and Valener) and employees. www.gazmetro.com
For additional information:
Investors and analysts
Media
Caroline Warren
Marie-Christine Demers
Investor Relations
Media and Public Affairs
514-598-3324
514-598-3449
www.gazmetro.com/pressroom
Photos, videos (b-roll) and logos are available in Gaz Métro's Multimedia library.
Valener Inc. is a Canada-based energy company. The Company holds interests in Gaz Metro Limited Partnership (Gaz Metro), whose core operations are natural gas distribution in Quebec and Vermont, as well as electricity distribution in Vermont. The Company also owns indirect interests in wind farms through its subsidiaries, Valener Eole Inc. and Valener Eole 4 Inc., which have approximately 154 turbines and an installed capacity of 340 megawatts. In Quebec, Gaz Metro has a network of over 10,000 kilometers of underground pipelines serving over 300 municipalities and 200,000 customers. In Vermont, Gaz Metro produces and transports electricity, and distributes electricity and natural gas to over 310,000 customers. Gaz Metro is involved in the development and operation of energy projects, including natural gas as fuel and liquefied natural gas as a replacement to other emission-producing energies, the production of wind power, and the development of biomethane.
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