14
INNERGEX RENEWABLE ENERGY INC. CANADIAN WATER SUMMIT 2015 THE WATER-ENERGY NEXUS JUNE 25, 2015

INNERGEX RENEWABLE ENERGY INC.€¦ · INNERGEX RENEWABLE ENERGY INC. CANADIAN WATER SUMMIT 2015 THE WATER-ENERGY NEXUS JUNE 25, 2015 . OUTLINE THE WATER-ENERGY NEXUS 2 About Innergex

  • Upload
    others

  • View
    1

  • Download
    0

Embed Size (px)

Citation preview

Page 1: INNERGEX RENEWABLE ENERGY INC.€¦ · INNERGEX RENEWABLE ENERGY INC. CANADIAN WATER SUMMIT 2015 THE WATER-ENERGY NEXUS JUNE 25, 2015 . OUTLINE THE WATER-ENERGY NEXUS 2 About Innergex

INNERGEX RENEWABLE ENERGY INC. CANADIAN WATER SUMMIT 2015 THE WATER-ENERGY NEXUS

JUNE 25, 2015

Page 2: INNERGEX RENEWABLE ENERGY INC.€¦ · INNERGEX RENEWABLE ENERGY INC. CANADIAN WATER SUMMIT 2015 THE WATER-ENERGY NEXUS JUNE 25, 2015 . OUTLINE THE WATER-ENERGY NEXUS 2 About Innergex

OUTLINE

THE WATER-ENERGY NEXUS 2

• About Innergex

• Sustainable project development • Environmental studies and permitting • Social acceptability and partnerships • Monitoring of operations

• Positive Water-Energy Nexus

JUNE 25, 2015

Page 3: INNERGEX RENEWABLE ENERGY INC.€¦ · INNERGEX RENEWABLE ENERGY INC. CANADIAN WATER SUMMIT 2015 THE WATER-ENERGY NEXUS JUNE 25, 2015 . OUTLINE THE WATER-ENERGY NEXUS 2 About Innergex

JUNE 25, 2015 THE WATER-ENERGY NEXUS 3

Page 4: INNERGEX RENEWABLE ENERGY INC.€¦ · INNERGEX RENEWABLE ENERGY INC. CANADIAN WATER SUMMIT 2015 THE WATER-ENERGY NEXUS JUNE 25, 2015 . OUTLINE THE WATER-ENERGY NEXUS 2 About Innergex

COMPANY SNAPSHOT

THE WATER-ENERGY NEXUS 4

PUBLIC LISTING

TSX:INE PART OF THE S&P/TSX COMPOSITE INDEX

DIVIDEND / YIELD

$0.62 5.5%

INVESTMENT GRADE CREDIT RATING

BBB- (S&P)

MARKET CAP

$1.2 billion ENTERPRISE VALUE

$3.0 billion

HISTORY

FOUNDED

1990 IPO

2003 25TH ANNIVERSARY

2015

SOURCES OF RENEWABLE ENERGY

INSTALLED CAPACITY

1,194 MW

(687 MW NET)

MARKETS QUEBEC, ONTARIO AND BRITISH COLUMBIA, CANADA IDAHO, USA

HYDRO WIND SOLAR

SERIES A 5% PREFERRED SHARES

INE.PR.A

SERIES C 5.75% PREFERRED SHARES

INE.PR.C

5.75% CONVERTIBLE DEBENTURES

INE.DB

JUNE 25, 2015

Page 5: INNERGEX RENEWABLE ENERGY INC.€¦ · INNERGEX RENEWABLE ENERGY INC. CANADIAN WATER SUMMIT 2015 THE WATER-ENERGY NEXUS JUNE 25, 2015 . OUTLINE THE WATER-ENERGY NEXUS 2 About Innergex

5

NUMBER OF SITES

MW

NET GROSS

26 418 547

6 236 614

1 33 33

33 687 1,194

NUMBER OF SITES

MW

NET GROSS

4 133 169

1 75 150

5 208 319

IN OPERATION UNDER DEVELOPMENT

LEGEND

Hydro Wind Solar

Under development

THE WATER-ENERGY NEXUS

MAP OF OPERATIONS

JUNE 25, 2015

Page 6: INNERGEX RENEWABLE ENERGY INC.€¦ · INNERGEX RENEWABLE ENERGY INC. CANADIAN WATER SUMMIT 2015 THE WATER-ENERGY NEXUS JUNE 25, 2015 . OUTLINE THE WATER-ENERGY NEXUS 2 About Innergex

THE WATER-ENERGY NEXUS 6

PROJECT NAME NET CAPACITY

(MW) GROSS CAPACITY

(MW)

ASHLU CREEK 49.9 49.9

BROWN LAKE 7.2 7.2

DOUGLAS CREEK 13.5 27.0

FIRE CREEK 11.5 23.0

FITZSIMMONS CREEK 5.0 7.0

KWOIEK CREEK 25.0 49.9

LAMONT CREEK 13.5 27.0

MILLER CREEK 33.0 33.0

NORTHWEST STAVE RIVER 17.5 17.5

RUTHERFORD CREEK 49.9 49.9

STOKKE CREEK 11.0 22.0

TIPELLA CREEK 9.0 9.0

UPPER STAVE RIVER 16.5 33.0

TOTAL 262.5 355.4

TRETHEWAY CREEK 21.2 21.2

BOULDER CREEK 16.9 25.3

UPPER LILLOOET RIVER 54.3 81.4

BIG SILVER CREEK 40.6 40.6

TOTAL 133.0 168.5

BROWN LAKE 7.2 7.2

SIX PROJECTS (HARRISON AND LILLOOET LAKES)

75

150

NULKI HILLS 210 210

TOTAL 292.2 367.2

LEGEND

Hydro Wind Solar

Under development

Prospective development

MAP OF BC PROJECTS

JUNE 25, 2015

Page 7: INNERGEX RENEWABLE ENERGY INC.€¦ · INNERGEX RENEWABLE ENERGY INC. CANADIAN WATER SUMMIT 2015 THE WATER-ENERGY NEXUS JUNE 25, 2015 . OUTLINE THE WATER-ENERGY NEXUS 2 About Innergex

SUSTAINABLE DEVELOPMENT

THE WATER-ENERGY NEXUS 7

Our mission is to increase our production of renewable energy by developing and operating high-quality facilities while respecting the environment and balancing the best interests of the host communities, our partners, and our investors

CORPORATE PROFITABILITY STABILITY AND GROWTH OF DIVIDENDS TO HOLDERS OF COMMON SHARES

SOCIAL ACCEPTABILITY OF PROJECTS AND SOCIO-ECONOMIC BENEFITS FOR THE COMMUNITIES AND OUR PARTNERS

RESPECT FOR THE ENVIRONMENT AVOID, MINIMIZE, MITIGATE OR COMPENSATE FOR ANY IMPACT ON THE SURROUNDING ECOSYSTEM

JUNE 25, 2015

Page 8: INNERGEX RENEWABLE ENERGY INC.€¦ · INNERGEX RENEWABLE ENERGY INC. CANADIAN WATER SUMMIT 2015 THE WATER-ENERGY NEXUS JUNE 25, 2015 . OUTLINE THE WATER-ENERGY NEXUS 2 About Innergex

ENVIRONMENTAL STUDIES / PERMITTING

JUNE 25, 2015 THE WATER-ENERGY NEXUS 8

• Consider the environment from the start

• Integrate environmental and engineering objectives

• Focus on careful planning and analysis

Page 9: INNERGEX RENEWABLE ENERGY INC.€¦ · INNERGEX RENEWABLE ENERGY INC. CANADIAN WATER SUMMIT 2015 THE WATER-ENERGY NEXUS JUNE 25, 2015 . OUTLINE THE WATER-ENERGY NEXUS 2 About Innergex

RELATIONS WITH STAKEHOLDERS

JUNE 25, 2015 THE WATER-ENERGY NEXUS 9

• Consider social acceptability from the start

• Ongoing relationship for the life of the project

Page 10: INNERGEX RENEWABLE ENERGY INC.€¦ · INNERGEX RENEWABLE ENERGY INC. CANADIAN WATER SUMMIT 2015 THE WATER-ENERGY NEXUS JUNE 25, 2015 . OUTLINE THE WATER-ENERGY NEXUS 2 About Innergex

23MW

25MW 150MW

THE WATER-ENERGY NEXUS 10

UMBATA FALLS ONTARIO JOINT-VENTURE 49-51 WITH THE OJIBWAYS OF THE PIC RIVER FIRST NATION

VIGER-DENONVILLE QUÉBEC JOINT-VENTURE 50-50 WITH THE RIVIERE-DU-LOUP

RCM

MESGI’G UGJU’S’N QUÉBEC JOINT-VENTURE 50-50 WITH THE MI’GMAQ COMMUNITIES OF THE GASPÉ PENINSULA

50MW

KWOIEK CREEK BRITISH COLUMBIA JOINT-VENTURE 50-50 WITH THE KANAKA BAR INDIAN BAND

PARTNER OF CHOICE FOR FIRST NATIONS

JUNE 25, 2015

Page 11: INNERGEX RENEWABLE ENERGY INC.€¦ · INNERGEX RENEWABLE ENERGY INC. CANADIAN WATER SUMMIT 2015 THE WATER-ENERGY NEXUS JUNE 25, 2015 . OUTLINE THE WATER-ENERGY NEXUS 2 About Innergex

MONITORING OF OPERATIONS

JUNE 25, 2015 THE WATER-ENERGY NEXUS 11

• Has been a key focus for us

• To confirm predicted project effects

Page 12: INNERGEX RENEWABLE ENERGY INC.€¦ · INNERGEX RENEWABLE ENERGY INC. CANADIAN WATER SUMMIT 2015 THE WATER-ENERGY NEXUS JUNE 25, 2015 . OUTLINE THE WATER-ENERGY NEXUS 2 About Innergex

JUNE 25, 2015 THE WATER-ENERGY NEXUS 12

0

2

4

6

8

10

12

14

16

2006 2008 2010 2011 2012 2013 2014

Number / 100m2

Upstream Diversion

BEFORE

AFTER

FISH THRIVE NEAR RUN-OF-RIVER HYDRO

Source: Ecofish Research, Douglas Creek facility in British Columbia

Page 13: INNERGEX RENEWABLE ENERGY INC.€¦ · INNERGEX RENEWABLE ENERGY INC. CANADIAN WATER SUMMIT 2015 THE WATER-ENERGY NEXUS JUNE 25, 2015 . OUTLINE THE WATER-ENERGY NEXUS 2 About Innergex

JUNE 25, 2015 THE WATER-ENERGY NEXUS 13

When developed responsibly and in compliance with existing regulations,

run-of-river hydro presents very limited risks to the environment while

generating multiple socio-economic benefits for local communities and

appropriate economic returns

RUN-OF-RIVER HYDRO IS A VERY POSITIVE WATER-ENERGY NEXUS

Page 14: INNERGEX RENEWABLE ENERGY INC.€¦ · INNERGEX RENEWABLE ENERGY INC. CANADIAN WATER SUMMIT 2015 THE WATER-ENERGY NEXUS JUNE 25, 2015 . OUTLINE THE WATER-ENERGY NEXUS 2 About Innergex

QUESTIONS