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Boralex Acquires Sallachy Wind Farm Project

10 October 2024 / Press releases

Vue éolienne

In line with its growth ambitions in the United Kingdom, Boralex Inc. (“Boralex” or the “Company”) (TSX: BLX) is pleased to announce the acquisition of the yet-to-be- constructed Sallachy Wind Farm project from German wind developer WKN, a subsidiary of the PNE Group. Once built, the wind farm will consist of nine wind turbines with a blade tip height of up to 149.9 metres and a combined installed generating capacity of up to 50MW. The wind farm will be situated on the Sallachy Estate in Sutherland, in the Highlands of Scotland.

Sallachy Wind Farm was granted planning permission by The Highland Council in April 2022. It has a secured grid connection from 2028 and is expected to operate for 30 years.

Over the last two years, Boralex acquired and integrated United Kingdom renewable energy business Infinergy, opened an office in Edinburgh alongside its Wimborne (Dorset) base and expanded the team from 10 to currently 23 renewable energy professionals. Furthermore, construction of Boralex's flagship project in the UK, the 106MW Limekiln Wind Farm, is nearing completion, with commercial operation expected by the end of 2024. Since the beginning of the year, we have reached two major new milestones for the Company in the UK, with the closing of the financing and the signing of the power purchase agreement (PPA) for this wind farm.

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We are delighted to have achieved this acquisition, adding another exciting project to our strong onshore wind portfolio in Scotland. This deal marks the next step towards our ambition to strengthen our UK presence. In addition to developing wind, solar and battery storage projects from their inception, we see the acquisition of shovel-ready projects as complementary to our organic growth.

Tjiwolt Wierda
Finance Director of Boralex in the United Kingdom

With a current installed capacity of nearly 16GW in onshore wind and 30GW planned by 2030, Boralex is strongly committed to the UK as high-potential market. Going forward, we will continue to boost the deployment of development capital and operation capabilities in the United Kingdom, a key geography in the successful execution of our 2025 strategic plan.

Nicolas Wolff
Executive Vice President and General Manager of Boralex in Europe

Media - United Kingdom

Lesley McNeil

Head of marketing, Public Affairs and Communication

lesley.mcneil@boralex.com

+44 (0) 7353 112 667

Photo de Camille Laventure souriante portant un veston noir et une chemise beige.

Medias

Camille Laventure

Senior Advisor, Public Affairs and External Communications

camille.laventure@boralex.com

438 883-8580 

Coline Desurmont

Investor Relations

Coline Desurmont

Director, Investor Relations

coline.desurmont@boralex.com

+33 7 85 37 75 10

About Boralex

At Boralex, we have been providing affordable renewable energy accessible to everyone for over 35 years. As a leader in the Canadian market and France’s largest independent producer of onshore wind power, we also have facilities in the United States and development projects in the United Kingdom. Over the past five years, our installed capacity has increased by more than 50%, reaching 3,303 MW as at September 30, 2025. Since then, the Corporation has commissioned a new wind farm with a capacity of 100 MW, bringing total installed capacity to 3,403 MW as of today. We are developing a portfolio of projects in development and construction of 8 GW in wind, solar and storage projects, guided by our values and our corporate social responsibility (CSR) approach. Recognized as Best Corporate Citizen in Canada by Corporate Knights, Boralex is actively participating in the fight against global warming. Thanks to our fearlessness, our discipline, our expertise and our diversity, we continue to be an industry leader. Boralex’s shares are listed on the Toronto Stock Exchange under the ticker symbol BLX.