Boralex finance for 46MW in France

Canadian developer Boralex has nailed finance for 46MW of onshore wind capacity in France.

Boralex secured about €65m ($90m) from Germany’s KfW IPEX-Bank for Fortel-Bonnières and Saint-François wind farms, which use GE 2.85MW turbines.

The developer said construction is underway at both sites, with 23MW due online by the end of this year and the rest in early 2015.