Boralex is a major independent electricity producer whose core business is the development and operation of power stations that generate renewable energy.
Employing over 300 people, the Corporation operates 29 power stations with a total installed capacity of 417 MW in Canada, in the Northeastern United States and in France. In addition, the Corporation has, alone or with its European and Canadian partners, power projects under development that will add close to 300 MW of power, of which almost 100 MW will come online by the end of fiscal 2010. Boralex is distinguished by its diversified expertise and in-depth experience in three power generation segments – wind, hydroelectric and thermal.
Over the past seven years, Boralex has become one of the biggest and most experienced wind power producers in France, where it currently operates 14 wind farms with a total installed capacity of 160 MW.
Boralex owns eight hydroelectric power stations: five in the United States and three in Canada, with a combined installed capacity of 39 MW.
Boralex is the largest producer of wood residue energy in North America, operating six thermal power stations in the U.S. states of Maine and New York, with a total installed capacity of 204 MW. Boralex also operates a 14 MW natural gas cogeneration power plant in France.
Boralex also holds a 23% interest in Boralex Power Income Fund, which has 10 power stations with a total installed capacity of 190 MW in Québec and the United States. These sites are managed by Boralex.
Boralex shares are listed on the Toronto Stock Exchange (TSX) under the ticker symbol BLX.