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Boralex Inc's Subsidiary Closes Acquisition Of Wind Power Project In France


Thursday, 8 Nov 2012 08:07am EST 

Boralex Inc announced the closing of the acquisition, by its subsidiary Boralex Europe S.A., of the 32 MW La Vallée wind power project (the Project) located in the department of Indre, France. As announced on June 5, 2012, the Project, which was initially developed by the Company Gamesa, consists of 16 Gamesa G90 wind turbines. A long term project financing will be provided by a banking consortium made up of OSEO, Crédit Coopératif and Crédit Mutuel ARKEA. The signing of the financing documents and the fulfilling of the standard closing conditions are scheduled for mid-December 2012. 

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11.6451
0.0221 +0.19%
7 Apr 2014