VNR.TO - Valener Inc

Toronto - Toronto Delayed Price. Currency in CAD

Valener Inc

1717, rue du Havre Street
Montreal, QC H2K 2X3
Canada
514-598-6220
http://www.valener.com

SectorUtilities
IndustryUtilities - Regulated Gas
Full Time Employees

Key Executives

NameTitlePayExercisedYear Born
Ms. Sophie Brochu C.M.Pres & CEO of Énergir Inc.2.52MN/A1964
Mr. Eric LachanceSr. VP of Regulatory Affairs, IT & Logistics and CFO of Énergir Inc.508.4kN/AN/A
Ms. Stéphanie TrudeauSr. VP of Customers & Operations of Énergir Inc.799.64kN/AN/A
Mr. Martin ImbleauSr. VP of Devel., Communities, Corp. Affairs & Safety of Énergir Inc.833.77kN/AN/A
Ms. Mary Grace PowellCEO & Pres of Green Mountain1.9MN/A1960
Amounts are as of December 31, 2018 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in CAD.

Description

Valener Inc., through its subsidiaries, engages in the natural gas business in Canada and the United States. Its Energy Distribution segment engages in the natural gas distribution activities in Quebec and Vermont, as well as electricity distribution activities in Vermont to 205,000 customers through a pipeline network of approximately 11,000 kilometers in Quebec, as well as 50,000 customers in residential, commercial, and industrial markets through a network of 1,500 kilometers. This segment is also involved in the distribution, transportation, production, purchase, and sale of electricity to 265,000 customers through 16,300 kilometers of overhead distribution lines; 2,000 kilometers of underground distribution lines; and 2,700 kilometers of overhead transmission lines. It operates 2 wind farms with an installed capacity of 69 megawatts, as well as 21 solar farms with an installed capacity of 25 megawatts in Vermont; and 44 hydroelectric generating stations in New England. The company's Natural Gas Transportation segment operates 2 pipelines totaling 98 kilometers in northwest Quebec; 575- kilometers pipeline in Quebec; and 489- kilometers pipeline from the Quebec border to the suburbs of Boston. Its Electricity Production segment develops and owns solar power generation projects in the United States; and 3 wind farms with a total installed capacity of 340 megawatts on the private lands of Seigneurie de Beaupré. The company's Energy Services, Storage and Other segment engages in the sale of liquefied natural gas as a fuel or energy product; electric power generation and transmission from a thermal power plant, as well as the sale, leasing, and maintenance of natural gas appliances; and underground natural gas storage activities in Quebec. Valener Inc. was incorporated in 2010 and is based in Montreal, Canada.

Corporate Governance

Valener Inc’s ISS Governance QualityScore as of July 29, 2019 is 5. The pillar scores are Audit: 1; Board: 5; Shareholder Rights: 6; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.