Valener announces the broadcast of its financial results and those of Gaz Métro for the first quarter of the 2013 fiscal year
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 September 30, 2010, Gaz Métro acts as manager of Valener. To that effect, Pierre Despars, Executive Vice President, Corporate Affairs and Chief Financial Officer of Gaz Métro inc., Gaz Métro's general partner, will be the speaker. This will be followed by a question period. 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 (www.valener.com) in the Investors section under "Events and Presentations".
Media and other interested individuals are invited to listen in. The speaker will be available after the conference call for interviews and to answer questions from the media.
Rebroadcasts can be accessed for 30 days by telephone at 416-849-0833 or toll-free at 1-855-859-2056 (access code: 88001458), 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 wind power projects jointly developed with Gaz Métro and Boralex Inc. on the private lands of Séminaire de Québec. 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. www.valener.com.
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 10,000 km underground network of pipelines serves 300 municipalities and more than 185,000 customers. Gaz Métro is also present in Vermont, producing electricity and distributing electricity and natural gas to cater to the needs to some 300,000 customers. Gaz Métro is actively involved in the development of innovative, sustainability-oriented energy projects such as the production of wind power, the use of natural gas as a transportation fuel and the development of biomethane as a renewable energy source. Gaz Métro is committed to ensuring the satisfaction of its customers, providing support to businesses, local organizations, families and communities, and meeting the needs of its partners (Gaz Métro inc. and Valener) and employees. www.gazmetro.com
SOURCE VALENER INC.