Longueuil, February 6, 2020

Innergex and Hydro-Québec announce a strategic alliance and a private placement

Innergex Renewable Energy Inc. (TSX: INE) (“Innergex” or the “Corporation”) and Hydro-Québec announced today the creation of a strategic alliance (the “Strategic Alliance”) that will allow both corporations to accelerate their respective growth strategies and mutually benefit from their complementary skills and knowledge. Innergex and Hydro-Québec will combine forces to form a new world-class alliance in renewable energy.