Briefing

Boralex buys up three Quebec wind farms from the Caisse de dépôt

article-aa

The deal, worth at least $121.5 million, means the Quebec-based renewable-energy operator adds an additional 296 megawatts to its stable, bringing the company’s total installed capacity to 2,212 MW. (The Logic)

Read this article for free

By entering your e-mail you consent to receiving commercial electronic messages from The Logic Inc. containing news, updates, offers or promotions about The Logic Inc.’s products and services. You can withdraw your consent at anytime. Please refer to our privacy policy or contact us for more details.

Already a subscriber?

Talking point: Founded in 1982, Boralex operates wind-, solar-, hydroelectric- and thermal-generating plants throughout Canada, the U.S., the U.K. and France. In Quebec, the company has purchase agreements with Hydro-Québec expiring between 2032 and 2033. The company had gross profits of nearly US$359 million on revenues of just under US$459,300 in the 12 months ended September 30, according to PitchBook data.