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Reported by Boralex on 6 November 2018

Commercial commissioning of the Inter Deux Bos wind farm in France

Boralex Inc. ("Boralex" or the "Corporation") (TSX: BLX) is pleased to announce the commercial commissioning of the Inter Deux Bos wind farm located in the Pas-de-Calais department, France.

Inter Deux Bos wind farm (Courtesy of Boralex Inc.)

"The commissioning of Inter Deux Bos enhances Boralex's presence in France and favourably positions the Corporation to enjoy increased operational synergies in the future," stated Patrick Lemaire, Boralex's President and Chief Executive Officer. "And it comes as a prelude to the commissioning of four other wind farms in France – Hauts de Comble, Noyers Bucamps, Le Pelon and Côteaux du Blaiseron – which are all expected to be commissioned by the end of the year."

The Inter Deux Bos wind farm, which hosts 10 turbines totalling 33 MW, will add to the 799 MW already operated by Boralex in France and the 1,820 MW under its control worldwide, and is expected to generate annualized EBITDA of €6 million for Boralex (or C$9 million).

Inter Deux Bos is covered by a 15-year indexed power purchase agreement with Electricité de France (EDF), effective September 24, 2018. The wind farm will power nearly 30,000 homes per year throughout its operating life and avoid approximately 4,500 tonnes of CO₂ emissions annually.

References

[1]

Boralex Inc. Press release - Commercial commissioning of the Inter Deux Bos wind farm in France. URL: https://www.boralex.com/cms/uploads/48cd3108d291f1342ddc362732e88ae9.pdf. [Date Accessed: 06/11/2018].

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