EDINBURGH, United Kingdom, May 16, 2024 (GLOBE NEWSWIRE) -- Boralex Inc. (“Boralex” or the “Company”) (TSX: BLX) is pleased to announce the long-term financing of its largest project in Europe, the 106MW Limekiln Wind Farm, based in the United Kingdom. The site is located near Thurso in Caithness, Scotland. The financing has been secured from National Westminster Bank PLC (NatWest) and Export Development Canada (EDC), for an aggregate amount of up to £130M ($222M CAD). NatWest and EDC will act a
MONTREAL, May 15, 2024 (GLOBE NEWSWIRE) -- Boralex Inc. (“Boralex” or the “Company”) (TSX: BLX) held its annual meeting of shareholders earlier today. During the online meeting chaired by Alain Rhéaume, Chairman of the Board, shareholders elected directors and adopted the resolutions proposed. Mr. Rhéaume opened the meeting by outlining Boralex's highlights for the year 2023, a year of strong, disciplined and profitable growth despite challenging economic conditions. He highlighted the increase
The Montreal-based company says its North American wind business partially offset weaker power generation and sales revenue in Europe.