North American Windpower: Boralex To Acquire 32 MW Wind Project

Boralex To Acquire 32 MW Wind Project

in News Departments > Projects & Contracts

by NAW Staff on Tuesday 05 June 2012

Quebec, Canada-based Boralex Inc. says it has signed a share purchase agreement for its subsidiary Boralex Europe SA to acquire a 32 MW wind project in France.

The project will consist of 16 Gamesa G90 2 MW wind turbines, and the total investment for the project will amount to C$55 million (43 million euros). The acquisition remains subject to financing as well as certain standard closing conditions.

The commissioning of the site is slated for the third quarter of 2013. All of the energy produced will be sold to Electricite de France under a 15-year contract.

"In addition to the 161 MW already in operation, this project will increase the total installed wind power capacity of Boralex in France to 193 MW,” notes Patrick Lemaire, president and CEO of Boralex.

Latest Top Stories

Study: How Northwest Wind Can Play With Energy Storage And Provide Operational Flexibility

Researchers have identified two possible sites in eastern Washington to build compressed-air energy-storage facilities that could temporarily store the Northwest’s abundant wind resources.

Wind Consortium Deploys Nacelle-Mounted LIDAR At Offshore Site In Irish Sea

In an important development for performance verification for offshore wind sites, a group of companies have deployed a nacelle-mounted LIDAR at DONG Energy's 367 MW Walney Wind Farm.

As U.S. DOJ Investigates, Duke Works Adaptive Management Plan

With previous golden eagle fatalities reported at two company-owned wind farms in Wyoming, Duke Energy Renewables is going to great lengths to protect raptors.

DOE To Recast Landmark 20% Wind Energy Report; Study Looks Back, Ahead

The U.S. Department of Energy will update its 20% Wind Energy By 2030 report, which indicated increased levels of wind penetration for the U.S. is not only possible but feasible.

Wind Energy Procurement Top Of Mind For Big-Name Companies

With greater frequency, top-tier companies are discovering the economic and environmental power of wind energy and upping their investments in the resource.