Boralex Acquires 100 MW of Wind Power

Boralex Inc. announced that it has acquired the rights for a wind project with a potential installed capacity of 100 megawatts (MW) in Ontario, Canada. This wind power project, located in the municipality of Chatham-Kent, will be submitted into the Ontario Power Authority’s Request for Proposal III for 500 MW of Renewable Energy Supply likely due this fall.

This request for proposal represents one of the measures taken by the Ontario Government in view of obtaining 2,000 MW of renewable energy. This wind power site was developed by Gengrowth who will continue to work with Boralex on the project.

“This strategic acquisition allows Boralex to reinforce its presence in Canada, principally in a region favourable to the production of renewable energy, and in a sector where its expertise is recognized,” said Patrick Lemaire, president and CEO or Boralex. “Boralex and Gengrowth have united each others forces one more time.”

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