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REMINDER: Valener Announces the Live Broadcast of its Annual Meeting of Shareholders

/ -- MONTREAL, QUEBEC -- (Marketwired) -- 03/17/16 -- Valener Inc. ("Valener") (TSX: VNR)(TSX: VNR.PR.A), the public investment vehicle in Gaz Metro Limited Partnership ("Gaz Metro"), will hold its annual meeting of shareholders on March 22, 2016 at 10:00 a.m. (Eastern Time) at the Centre Sheraton Montreal, 1201 Boulevard Rene-Levesque West, Room ABC, Montreal (Quebec).

The annual meeting agenda includes the election of directors and appointment of the independent external auditor.

Shareholders, media and other interested parties who are unable to attend the meeting are invited to listen to a live webcast on Valener's website in the "Investors" section under "Events and presentations". The webcast will be available on Valener's website for 365 days following the meeting.

Overview of Valener

Valener is a widely held public company that serves as the investment vehicle in Gaz Metro. Through its investment in Gaz Metro, Valener offers its shareholders a solid investment in a diversified and largely regulated energy portfolio in Quebec and Vermont. As a strategic partner, Valener, on the one hand, contributes to Gaz Metro's growth, and on the other, invests in wind power production in Quebec alongside Gaz Metro. Valener favours energy sources and uses that are innovative, clean, competitive and profitable. Valener's common and preferred shares are listed on the Toronto Stock Exchange under the "VNR" symbol for common shares and under the "VNR.PR.A" symbol for Series A preferred shares.

Overview of Gaz Metro

With nearly $7 billion in assets, Gaz Metro is a leading energy provider. It is the largest natural gas distribution company in Quebec, where its network of over 10,000 km of underground pipelines serves more than 300 municipalities and over 195,000 customers. Gaz Metro is also present in Vermont, producing and transporting electricity and distributing electricity and natural gas to meet the needs of more than 310,000 customers. Gaz Metro is actively involved in the development and operation of innovative, promising energy projects, including natural gas as fuel and liquefied natural gas as a replacement for higher emission-producing energies, the production of wind power, and the development of biomethane. Gaz Metro is a major energy sector player that takes the lead in responding to the needs of its customers, regions and municipalities, local organizations and communities while also satisfying the expectations of its Partners (Gaz Metro inc. and Valener) and employees.

Photos, videos (b-roll) and logos are available in Gaz Metro's Multimedia library.

Investors and analysts
Mariem Elsayed

Genevieve Couture