Brian Langis
Value, contrarian, growth at reasonable price

Valener: A Fat And Low-Risk 6.4% Dividend

Note: Dollar amounts are in Canadian $ unless mentioned otherwise. USD-CAD 1.1097 Price of 1 USD in CAD. Source: Bloomberg

Valener (OTC:VNRCF) (VNR) is a public investment vehicle that holds an economic interest of 29% in Gaz Métro LP and a 24.5% interest in the Seigneurie de Beaupré wind farm power project. Valener is an energy holding with activities in energy production, energy distribution, transportation of natural gas, energy services, and storage & others. Valener's growth strategy is directly linked to Gaz Métro's strategic plan and the Seigneurie de Beaupré wind power projects. Valener also has independent access to growth opportunities as long as it doesn't directly compete with Gaz Métro's activities. To help better understand...

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