Innergex Renewable Energy Inc. (TSX: INE) ("Innergex" or the "Corporation") reports that the District Court of Harris County, Texas denied the temporary injunction application made on April 21, 2021, directing the counterparty to the power hedges for each of the Flat Top wind facility in Mills County and the Shannon wind facility in Clay County (together, the "Projects") to suspend all remedies, including foreclosure, against the Projects, arising from an alleged default of payment that was formally disputed by the Projects, following unprecedented extreme weather conditions and related electricity market failure that paralyzed the State of Texas in February 2021 (unofficially referred to as Winter Storm Uri). Innergex owns 51% of the sponsor equity in the Flat Top facility and 50% of the sponsor equity in the Shannon facility.