Boralex Inc., a private electricity producer, engages in the development and operation of power stations that run on renewable energy. The company owns and operates 21 power stations with an installed capacity of 351 MW in Québec, in the Northeastern United States and in France. Also, it has approximately 300 MW of energetic projects in development. The company has three power generation segments: wind (7 sites with a capacity of 108 MW), hydroelectric (7 sites with a capacity of 25 MW) and thermal (7 sites with a capacity of 218 MW). The company holds a 23% interest in Boralex Power Income Fund, which has 10 power stations with a total installed capacity of 190 MW in Québec and the U.S. The company also manages under contract three hydroelectric power stations owned by RSP Hydro Trust, having a total capacity of 12.6 MW. Foreign Activities The operating facilities in France sell their electricity to Électricité de France under long-term agreements having a term of 12 or 15 years. Significant Events In July 2009, Boralex Inc. announced that it has signed, through its French subsidiary, an acquisition contract to build and operate an 8-MW wind farm in the department of the Somme in France. The Project would consist of four wind turbines, each with a capacity of 2 MW, which could be upped to 2.3 MW depending on the type of turbine provided. History Boralex Inc. was founded in 1982.
boralex inc -a
(BLX:Toronto Stock Exchange)
36 Lajeunesse Street
Kingsey Falls, QC J0A 1B0
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