Latest news with #Longueuil
Globe and Mail
21-07-2025
- Business
- Globe and Mail
La Caisse Completes Acquisition of Innergex
LONGUEUIL, QC , /CNW/ - Innergex Renewable Energy Inc. (TSX: INE) ("Innergex") announced today the completion of its previously announced acquisition by La Caisse by way of a plan of arrangement under the provisions of the Canada Business Corporations Act (the "Arrangement"). Pursuant to the terms of the Arrangement, La Caisse has acquired all of the issued and outstanding common shares of Innergex (other than those held by La Caisse and certain members of senior management rolling over (the "Rollover Shareholders")) for a price of $13.75 per common share in cash. All of the issued and outstanding preferred shares Series A and Series C of Innergex were also acquired by La Caisse for $25.00 per preferred share in cash (plus all accrued and unpaid dividends and, in the case of the Series A preferred shares, an amount in cash per Series A preferred share equal to the dividends that would have been payable in respect of such share until January 15, 2026 , which is the next available redemption date). All of the outstanding 4.65% subordinated unsecured convertible debentures of Innergex have been repaid in full upon completion of the Arrangement, including as to principal and accrued and unpaid interest thereon. As previously announced, La Caisse has syndicated approximately 20% of its invested capital to bring in like-minded investors who share its vision for the next chapter of Innergex's growth. As part of the Arrangement, certain members of senior management of Innergex, including Mr. Michel Letellier, Innergex's President and Chief Executive Officer, and Mr. Jean Trudel, Innergex's Chief Financial Officer, have rolled over a portion of their common shares and reinvested in the privatized Innergex. La Caisse has caused to be delivered to Computershare Investor Services Inc. (" Computershare"), the depositary for the Arrangement, sufficient funds to enable it to make payments to Innergex shareholders (other than the Rollover Shareholders) pursuant to the terms of the Arrangement. In accordance with the Arrangement, payment will be made by Computershare to Innergex shareholders (other than the Rollover Shareholders) as soon as practicable following the date hereof. Letters of transmittal have been mailed to registered shareholders and are also available under the profile of Innergex at The letters of transmittal explain how registered shareholders can deposit and obtain payment for their shares. Registered shareholders must return their duly completed letters of transmittal to Computershare in order to receive the consideration to which they are entitled for their shares. As a result of the completion of the Arrangement, it is expected that the common shares, preferred shares Series A and Series C and the 4.65% subordinated unsecured convertible debentures of Innergex will be delisted from the Toronto Stock Exchange on or about July 22, 2025 . Innergex has applied to cease to be a reporting issuer under the securities legislation of each province of Canada where Innergex is currently a reporting issuer. About Innergex Renewable Energy Inc. For 35 years, Innergex has believed in a world where abundant renewable energy promotes healthier communities and creates shared prosperity. 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 92 operating facilities with an aggregate net installed capacity of 3,948 MW (gross 4,901 MW), including 42 hydroelectric facilities, 36 wind facilities, 10 solar facilities and 4 battery energy storage facilities. Innergex also holds interests in 16 projects under development with a net installed capacity of 915 MW (gross 1,537 MW), 5 of which are under construction, as well as prospective projects at different stages of development with an aggregate gross installed capacity totaling 10,288 MW. Its approach to building shareholder value is to generate sustainable cash flows and provide an attractive risk-adjusted return on invested capital. To learn more, visit or connect with us on LinkedIn. Cautionary Statement Regarding Forward-Looking Information This press release may contain forward-looking information within the meaning of applicable securities laws ("Forward-Looking Information"), including statements relating to statements regarding: the timing for the delisting from the TSX and for Innergex to cease to be a reporting issuer, and other statements that are not historical facts. Forward-Looking Information can generally be identified by the use of words such as "approximately", "may", "will", "could", "believes", "expects", "intends", "should", "would", "plans", "potential", "project", "anticipates", "estimates", "scheduled" or "forecasts", or other comparable terms that state that certain events will or will not occur. It represents the projections and expectations of Innergex relating to future events or results as of the date of this press release. For more information on risks and uncertainties, please refer to the "Forward-Looking Information" section of Innergex's Management's Discussion and Analysis for the three months ended March 31, 2025 . Although Innergex has attempted to identify important risk factors that could cause actual results to differ materially from those contained in Forward-Looking Information, there may be other risk factors not presently known or that Innergex presently believes are not material that could also cause actual results or future events to differ materially from those expressed in such Forward-Looking Information. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. No forward-looking statement is a guarantee of future results. Accordingly, you should not place undue reliance on Forward-Looking Information, which speaks only as of the date made. The Forward-Looking Information contained in this press release represents Innergex's expectations as of the date of this press release (or as the date they are otherwise stated to be made) and are subject to change after such date. However, Innergex disclaims any intention or obligation or undertaking to update or revise any Forward-Looking Information whether as a result of new information, future events or otherwise, except as required under applicable securities laws. All of the Forward-Looking Information contained in this press release is expressly qualified by the foregoing cautionary statements.
CTV News
09-07-2025
- Health
- CTV News
Montreal man suing funeral home for cremating mother without consent
Former nurse Stéphane Thalès is suing a Longueuil funeral home and its parent company, alleging that they cremated his mother without authorization. (CTV News) Stéphane Thalès says he still has trouble when passing cemeteries and seeing final resting spaces where his mother could be, but is not. The former health-care executive is suing the American funeral services company SCI for cremating his mother without authorization in 2016. The suit alleges 'undue pressure, gross negligence, abuse of power and violations of rights' from the Houston-based Service Corporation International and La Maison Darche in Longueuil following the cremation of Thalès's mother Edith Jean-Philippe. Jean-Philippe died of cancer in November 2015. 'It was known from the beginning that it would be a burial,' said Thalès. 'It was clear from the beginning that I'm her legal executor. There was no doubt about that.' Thalès is a nurse who cared for his mother and has been engaged in the lawsuit since 2019, claiming that he had given written notice refusing consent to the cremation. Thalès said that he told the home that the funeral may be delayed after his mother passed away, and understood that they were okay with that, but that a manager contacted him and, 'suddenly he started steering me into a cremation for my mother.' 'Finally, I get a phone call and he becomes a little bit more insistent and threatening,' said Thalès. 'He continues to harrass me.' Jean-Philippe was eventually cremated and Thalès launched his suit three years later. All accusations must be proven in court. La Maison Darche Services funéraires would not comment on the case. 'We value the privacy of the families we are honoured to serve and therefore, cannot share certain matters with the media,' the home said. Thalès is seeking moral and punitive damages and corporate liability from SCI. 'This is a very important case that hopefully will be precedent setting because it's about not only a son fighting to have his mother's last wishes respected by the funeral home, but it's about the accountability of funeral homes when they have a contract,' said CRARR executive director Fo Niemi. The trial is scheduled to commence in February, just over a decade since Thalès's mother died. With reporting from CTV News journalist Swidda Rassy.
CTV News
09-07-2025
- CTV News
Longueuil police seek additional victims after arrests in sexual exploitation case
Longueuil police are asking the public for help after arresting Jeffrey Beauchemin, 21, left, and Mathieu Desrosiers, 21, right, in a sexual exploitation investigation. Longueuil police (SPAL) arrested two men Tuesday in connection with cases of sexual exploitation and drug trafficking. Police say Jeffrey Beauchemin, 21, and Mathieu Desrosiers, 21, could also face charges related to extortion and sexual assault against adult women. The arrests follow multiple reports of sexual exploitation—including pimping, material benefit, and advertising—that allegedly took place over the past four years in Longueuil and Quebec City. Investigators are now asking for the public's help in identifying additional victims in Quebec. According to the SPAL, the men used social media to contact and lure victims, often using fake names. A search was also carried out at an address in Longueuil related to the investigation. Anyone with information or who believes they may be a victim is urged to contact police at 450-463-7192.
CBC
03-07-2025
- CBC
Man in 20s dies after shooting at park in Brossard, Que.
Social Sharing A 27-year-old man is dead after being shot at a park on Montreal's South Shore. According to Longueuil police, they received 911 calls shortly after 11 p.m. on Wednesday about shots being fired at Léon-Gravel Park, which located on Marie-Victorin Boulevard in Brossard. Police believe someone helped the victim get to a hospital, where he eventually died. The fatal shooting prompted police to set up a large security perimeter on Marie-Victorin Boulevard between Matte Boulevard and Rhoda Street. Police say that area will be cordoned off for much of the day and are urging drivers to avoid it. Longueuil police spokesperson Marie Beauvais said investigators are expected to speak with witnesses during the day.
CBC
27-06-2025
- CBC
Longueuil police say missing 15-year-old girl could be in Montreal
Longueuil, Que., police are asking the public for help in locating a 15-year-old girl who was reported missing. Kellyane Beaupré was last seen on June 15 in Boucherville, a suburb of Montreal on the South Shore. Police say she might be in Montreal near the intersection of Alexandre-DeSève Street and René-Lévesque Boulevard or in the Longueuil Metro station. She was last seen wearing a white short-sleeved shirt with a design on the front, blue jeans and platform Crocs with beige, pink and green on them, according to the police news release. She has short brown hair, brown eyes and pierced ears and nose. She's also missing some of her front teeth. Beaupré stands five feet one inch tall and weighs around 132 pounds.
