Latest Valener Inc. Stories

Valener's Board of Directors approves: -- A dividend of $0.25 per common share; -- A discount of 5% on new common shares issued under the Dividend Reinvestment Plan; and -- A dividend of $0.271875 per Series A preferred share. MONTREAL, May 13, 2013 /CNW Telbec/ - Valener Inc. ("Valener") (TSX: VNR) is announcing that its Board of Directors has declared a quarterly dividend of $0.25 per common share for the quarter ending June 30, 2013....

RECURRING NET INCOME RISES 10% ON SOUND PERFORMANCE ACROSS ALL GAZ MÉTRO SEGMENTS Highlights: Valener -- At $24.0 million, recurring net income rises $2.2 million; and -- Quarterly dividend maintained at $0.25 per common share. Gaz Métro -- At $115.8 million, recurring net income rises $9.2 million; -- A $7.2 million1 increase in net income generated in Vermont following the June 2012 acquisition of Central Vermont...

MONTREAL, April 18, 2013 /CNW Telbec/ - Valener Inc. ("Valener") (TSX: VNR), the public investment vehicle in Gaz Métro Limited Partnership ("Gaz Métro"), will hold a telephone conference with financial analysts on Monday, May 13, 2013 at 11:00 a.m. (Eastern time) to discuss its results and those of Gaz Métro for the second quarter ended March 31, 2013. Pursuant to an administration and management support agreement entered into between Valener and Gaz Métro on September 30,...

MONTREAL, April 10, 2013 /CNW Telbec/ - Valener Inc. ("Valener") announced today that Gaz Métro inc. ("GMi") has completed its previously announced private placement of U.S.$200 million aggregate principal amount of 4.04% senior secured notes due 2043 and 4.19% senior secured notes due 2048 (together, the "Notes") to certain institutional investors in the United States. The Notes are secured by a guarantee as to payment of principal and interest by Gaz Métro Limited Partnership...

MONTREAL, Feb. 28, 2013 /CNW Telbec/ - Valener Inc. ("Valener") (TSX: VNR), the public investment vehicle in Gaz Métro Limited Partnership ("Gaz Métro"), will hold its annual meeting of shareholders on March 27, 2013 at 10:00 a.m. (Montréal time) at the Palais des congrès de Montréal, 159 Saint-Antoine Street West, Room 511 A-E, Montréal (Québec). The annual meeting agenda includes the election of directors and the appointment of the independent auditor. Shareholders,...

Valener's Board of Directors approves: -- A dividend of $0.25 per common share; -- A discount of 5% on new common shares issued under the Dividend Reinvestment Plan; and -- A dividend of $0.271875 per Series A preferred share. MONTREAL, Feb. 11, 2013 /CNW Telbec/ - Valener Inc. ("Valener") (TSX: VNR) is announcing that its Board of Directors has declared a quarterly dividend of $0.25 per common share for the quarter ending March 31,...

$4.1 MILLION INCREASE IN RECURRING INCOME STEMMING FROM THE EXPECTED EARNINGS FOLLOWING GAZ MÉTRO'S ACQUISITION OF CVPS Highlights: Valener -- $14.3 million in recurring net income, up $4.1 million; and -- $9.4 million in dividends paid to common shareholders, i.e., $0.25 per common share, and $1.6 million to preferred shareholders. Gaz Métro -- $67.8 million in recurring net income, up $12.5 million;...

MONTREAL, Jan. 25, 2013 /PRNewswire/ - Boralex Inc. ("Boralex"), Gaz Métro Limited partnership ("Gaz Métro") and Valener Inc. ("Valener") are delighted that the Québec Ministry of Sustainable Development, Environment, Wildlife and Parks has issued the environmental authorization for the Seigneurie de Beaupré - 4 wind farm, a project with an installed capacity of 68 MW located in the Côte-de-Beaupré region. "Receiving this authorization demonstrates, once again, the...

MONTREAL, Jan. 17, 2013 /CNW Telbec/ - Valener Inc. ("Valener") (TSX: VNR), the public investment vehicle in Gaz Métro Limited Partnership ("Gaz Métro"), will hold a telephone conference with financial analysts on Monday, February 11, 2013 at 11:00 a.m. (Eastern time) to discuss its results and those of Gaz Métro for the first quarter ended December 31, 2012. Pursuant to an administration and management support agreement entered into between Valener and Gaz Métro on...

Valener's Board of Directors approves: -- A dividend of $0.25 per common share; -- A discount of 5% on new common shares issued under the Dividend Reinvestment Plan; and -- A dividend of $0.271875 per Series A preferred share. MONTREAL, Nov. 29, 2012 /CNW Telbec/ - Valener Inc. ("Valener") (TSX: VNR) is announcing that its Board of Directors has declared a quarterly dividend of $0.25 per common share for the quarter ending December 31,...