Boralex Power Income Fund
Declares Cash Distribution
Montréal (Québec),
December 19, 2003 - Boralex Power Income Fund (the "Fund")
has today declared its monthly cash distribution in the amount
of $0.0750 per trust unit.
The distribution will be paid on January
21, 2004, to unitholders of record at the close of business
on December 31, 2003.
Boralex Power Income Fund is an unincorporated
open-ended trust that indirectly owns ten power generating stations
located in the province of Québec and the United States
producing energy from different sources including wood-residue
or natural gas-fired thermal and cogenerating facilities as well
as hydroelectric power stations. In total, these power stations
have an installed capacity of close to 191.0 MW. The Fund's units
are listed for trading on The Toronto Stock Exchange under the
symbol BPT.UN.
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For further information, please contact:
Mr. Claude Audet
President and Chief Operating Officer
Boralex Power Inc.
Telephone : (514) 284-9890
Fax : (514) 284-9895
E-mail : caudet@cascades.com
Mr. Jean-François Thibodeau
Vice-President and Chief Financial Officer
Boralex Power Inc.
Telephone : (514) 985-1348
Fax : (514) 985-1355
E-mail : jean-francois_thibodeau@cascades.com
Mrs. Carole Villeneuve
Communications Director
Boralex Power Inc.
Telephone : (514) 985-1353
Fax : (514) 985-1355
E-mail : cvilleneuve@cascades.com