The future according to Boralex
Working toward its goal of expanding while being profitable in deregulated markets or in the process of becoming so, such as those of Ontario, the United States and France, Boralex is actively trying to develop new power station projects.

The following projects should be completed in the coming months:

In France:
Boralex to triple its Wind Energy Installed Capacity in France

In Québec:
Expanding and optimizing recovery at Secure

Boralex to triple its Wind Energy Installed capacity in France

Boralex inc., through its French subsidiary, announces the construction and commissioning of two new wind power sites of 38 wind turbines located in France, for an installed capacity of 57.0 MW. These sites, located in the Massif Central, will bring Boralex’s total wind power capacity in France to 81.0 MW.

The project, which will be 95% owned by Boralex, will require an investment of more than C$135 million (83.5 million euros). The French corporation Perfect Wind will own the residual 5%. Project’s funding is being provided, in part, by an important French bank. All energy generated will be sold to Électricité de France under 15-year contracts.

One of the wind power sites, located on the Plateau d’Ally in the communes of Ally and Mercoeur en Haute-Loire, will be comprised of 26 wind turbines, each with a capacity of 1.5 MW. The other one, located on the Plateau of Cham de Cham Longe, in the communes of Saint-Étienne-de-Ludgarès and Astet in Ardèche will be comprised of 12 wind turbines, also with a capacity of 1.5 MW each. The commercial commissioning is anticipated for next December.

  
Expanding and optimizing recovery at Secure

Copeaux de bois Secure collects and sorts urban wood to produce ground wood intended to supply Boralex's thermal power stations located in Maine and to be processed into recycled wood panels.

This sorting centre owned and operated by Boralex has an annual processing capacity of 70,000 tons of residual wood and is located in Montréal.

Considering the increasing needs of supply of thermal power stations, Boralex plans to double its processing capacity, raising it to 100,000 tons a year. The expansion of the site should start during 2005.

The second stage of the project consists of implementing sorting installations that will optimize the existing equipment. This stage of the project should be completed near the end of 2005.