Mr. Michel Letellier reports

INNERGEX'S 2024 FIRST QUARTER RESULTS CONFERENCE CALL AND WEBCAST AND ANNUAL MEETING OF SHAREHOLDERS

Innergex Renewable Energy Inc. will release its 2024 first quarter financial results on Wednesday, May 8, 2024, and will hold a conference call and webcast to discuss the results on Thursday, May 9, 2024, at 9 a.m. (Eastern Time). The speakers will be Michel Letellier, president and chief executive officer, and Jean Trudel, chief financial officer.

Two thousand twenty-four first-quarter results -- conference call and webcast

Date and time:  Thursday, May 9, 2024, 9 a.m. ET

Webcast:  access on-line

Phone numbers:  1-888-390-0605 or 416-764-8609

To join the conference call without operator assistance, you may register and enter your phone number on-line to receive an instant automated call back.

A replay of the conference call will be available on Innergex's website.

Innergex will hold an annual meeting of shareholders on Wednesday, May 8, 2024, at 4 p.m. (ET).

Annual meeting of shareholders

Date and time:  Wednesday, May 8, 2024, at 4 p.m. ET

The meeting will be in a virtual-only format, which will be conducted via live audio webcast supported by visual aids. You will be able to attend the meeting on-line or by phone. Only shareholders will be able to submit questions during the meeting, on-line only.

Webcast:  access on-line

Phone number:  1-800-715-9871 (conference ID: 7245798)

About Innergex Renewable Energy Inc.

For over 30 years, Innergex has believed in a world where abundant renewable energy promotes healthier communities and creates shared prosperity, which led to Innergex being recognized as Canada's best corporate citizen in 2023 by Corporate Knights. As an independent renewable power producer which develops, acquires, owns and operates hydroelectric facilities, wind farms, solar farms and energy storage facilities, Innergex is convinced that generating power from renewable sources will lead the way to a better world. Innergex conducts operations in Canada, the United States, France and Chile, and manages a large portfolio of high-quality assets currently consisting of interests in 87 operating facilities with an aggregate net installed capacity of 3,600 megawatts (gross 4,234 megawatts) and an energy storage capacity of 409 megawatt-hours, including 41 hydroelectric facilities, 35 wind facilities, nine solar facilities and two battery energy storage facilities. Innergex also holds interests in 10 projects under development with a net installed capacity of 728 megawatts (gross 826 megawatts) and an energy storage capacity of 295 megawatt-hours, four of which are under construction, as well as prospective projects at different stages of development with an aggregate gross installed capacity totalling 10,071 megawatts. Its approach to building shareholder value is to generate sustainable cash flows and provide an attractive risk-adjusted return on invested capital.